Net Asset Value and Portfolio Update

(Thomson Reuters ONE) - Downing Protected VCT II plcNet Asset Value and Portfolio Update6 November 2009Downing Protected VCT II plc announces that its unaudited Net AssetValues as at 31 October 2009 were as follows: 31 October 2009 PenceOrdinary SharesNet asset value per Ordinary Share 1.2Cumulative distributions per Ordinary Share 89.0Total Return * 90.2C Shares and A SharesNet asset value per C Share 95.6Net asset value per A Share 0.1Total return per C Share and A Share 95.7* Net asset value plus cumulative dividends paid since launchThe unaudited balance sheet as at 31 October 2009 was as follows: £'000Fixed Assets 5,685Current AssetsDebtors 102Bank 1,335 1,437Current LiabilitiesCreditors (130)Net Current Assets 1,307Net Assets 6,992Represented by :Ordinary Shares 0.1p each 100C Shares 0.1p each 7A Shares 0.1p each 11Deferred Shares 0.1p each 3Capital Redemption Reserve 2Share premium account 6,766Special Reserve 496Investment holding losses (492)Revenue reserve 99 6,992The unaudited investment portfolio as at 31 October 2009 issummarised as follows:ORDINARY SHARE POOLVCT-Qualifying Investments Cost Valuation % of £'000 £'000 portfolioHoneycombe Pubs VCT Ltd 65 - 0.0%Non-qualifying investmentsVermont Development Ltd 452 25 20.8%Chapel Street Hotel (2008) LLP 31 31 26.0%Sanguine Hospitality Ltd 6 6 4.0% 489 62 51.2%Total investments 554Cash at bank and in hand 59 48.8% 121 100.0%C SHARE POOLVCT-Qualifying Investments Cost Valuation % of £'000 £'000 portfolioBijou Wedding Venues Ltd* 1,015 1,015 14.7%East Dulwich Tavern Ltd 344 344 5.0%Westow House Ltd 304 304 4.4%Atlantic Dogstar Ltd 162 162 2.3% 1,825 1,825 26.4%Non-qualifying investmentsHoole Hall Country Club Holdings Ltd 1,206 1,206 17.5%Liongold Contracting Ltd 1,000 1,000 14.5%Lilliput Development LLP 743 743 10.8%Thames Club Ltd 500 500 7.3%Close Imperial Pub Company Ltd 175 175 2.5%Honeycombe Pubs VCT Ltd 175 175 2.5% 3,799 3,799 55.1%Total investments 5,624Cash at bank and in hand 1,276 18.5% 6,900 100.0%* Part of the investment is non-VCT qualifying---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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Bereitgestellt von Benutzer: hugin
Datum: 06.11.2009 - 08:02 Uhr
Sprache: Deutsch
News-ID 8018
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