Interim Management Statement
15 Maio 2012 - 3:00AM
UK Regulatory
TIDMIEVD
15 May 2012
Ingenious Entertainment VCT 2 plc ("the Company")
Interim Management Statement
For the period 1 January 2012 to 14 May 2012 ("the Period")
OVERVIEW AND FUNDRAISING
With the Ordinary Share class and C Share class now fully
invested, the Company is actively seeking new investments to
complement the current portfolio of investments and to deploy funds
on behalf of the D Shares, E Shares, F Shares and G Shares jointly
with Ingenious Entertainment VCT 1 plc (together "the Entertainment
VCTs").
The G Share Offer raised a gross amount of over GBP5.5 million
during the period to 5 April 2012 across the Entertainment VCTs. As
also announced today, the G Share Offer has been extended to 5pm on
31 August 2012.
ACTIVITY
In March 2012, the Entertainment VCTs made an investment
intoLiverpool Sound City Limited- the company behind Liverpool
Sound City - a live music festival and media business expo and
conference. This is a co-investment between the Entertainment VCTs'
D Share classes for GBP1.2 million. There are a number of other
investments which are currently under consideration.
In terms of the current portfolio there has been significant
amount of activity with XOYO now establishing itself as a premium
live venue on the London circuit with over 20,000 people attending
the venue in April 2012.
The fourth season of Let's Dance took place in February of this
year and again received strong ratings with over seven million
viewers regularly tuning in. The season was extended with an
additional prime time show.
The Company's investee companies have a number of events and
festivals taking place with the third Golf Live event taking place
at the London Club in Kent between 18 and 20 May 2012. Liverpool
Sound City takes place between 17and 19 May 2012.
RewindFestivalNorth will be staged in Perth, Scotland between 20
and 22 July 2012. The original Rewind Festival, held annually in
Henley-on-Thames, will be staged between 19 and 21 August 2012.
Ticket sales for all these events are already ahead of
expectations.
DIVIDEND PAYMENT
The Company announced dividends of 5p per share on the Ordinary
Share, C Share and D Share classes on 2 February 2012 (2011: 5p per
Ordinary Share, 5p per C Share, 5p per D Share). These dividends
were paid on 24 February 2012. The Company announced dividends of
5p per share on the E Share and F Share classes on 29 March 2012
(2011: no dividends paid) which were paid on 1May 2012.
NON-QUALIFYING INVESTMENTS
Currently, GBP11 million of the remaining proceeds raised by the
Company under the Ordinary Share, C Share, D Share, E Share, and G
Share Offers (see below) is invested by the Manager in a number of
cash funds (OEICs) and in relation to the remaining proceeds of the
F Share Offer in a balanced multi-asset management portfolio, in
accordance with the Investment Policy of the Company. Such
investments have been made while the majority of those funds await
investment in suitable VCT qualifying investments.
ALLOTMENT OF G SHARES
In November 2011, the Entertainment VCTs launched the G Share
Offer to create further pools of capital. As at 5 April 2012 the
Entertainment VCTs had each allotted 2,756,760 G Shares.
Period ended 5 April 2012 31 December 2011
Net asset value GBP'000
Ordinary Share 7,762 8,286
C Share 1,993 2,148
D Share 5,423 5,791
E Share 2,636 2,649
F Share 1,464 1,466
G Share 2,605 -
Period ended 5 April 2012 31 December 2011
Net asset value total return GBP'000
Ordinary Share 9,292 9,306
C Share 2,415 2,430
D Share 6,097 6,128
E Share 2,636 2,649
F Share 1,464 1,466
G Share 2,605 -
Period ended 5 April 2012 31 December 2011
Shares in issue (number)
Ordinary Share 10,205,011 10,205,011
C Share 2,810,596 2,810,596
D Share 6,785,624 6,785,624
E Share 2,846,122 2,846,122
F Share 1,572,095 1,572,095
G Share 2,756,760 -
A copy of this Interim Management Statement can be obtained from
the following websites:
www.londonstockexchange.com
www.ingeniousvcts.co.uk
Enquiries to:
Sarah Cruickshank
Company Secretary
Ingenious Entertainment VCT 2 plc
15 Golden Square
London
W1F 9JG
0207 319 4000
MHP Communications
Reg Hoare / Barnaby Fry / Simon Hockridge / Giles Robinson
Tel: 020 3128 8100
ingenious@mhpc.com
Ingenious 2 D (LSE:IEVD)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Ingenious 2 D (LSE:IEVD)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024