Albion Venture Capital Trust PLC (AAVC.L)

GBp 40.0

(0.0%)

Market Cap (In GBp)

54.46 Million

Revenue (In GBp)

-3.24 Million

Net Income (In GBp)

-4.92 Million

Avg. Volume

39.85 Thousand

Currency
GBp
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
0.0-45.0
PE
-
EPS
-
Beta Value
-0.086
ISIN
GB0002039625
CUSIP
G22124104
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Asset Management
CEO
Mr. Patrick H. Reeve A.C.A., M.A.
Employee Count
-
Website
https://www.albion.capital/investor-centre/our-funds/albion-venture-capital-trust-plc
Ipo Date
1996-04-01
Details
Albion Venture Capital Trust PLC is a venture capital trust. It does not invest in companies that deal in property or shares and securities, insurance, banking, agriculture. The fund's investments are normally structured as a mixture of equity and loan stock, with a majority of loan stock. Its portfolio company gross assets must not exceed £15 million ($18.67 million) immediately prior to the investment and £16 million ($19.92 million) immediately thereafter. The fund seeks to invest in qualifying quoted and unquoted companies. It seeks to make investments in healthcare and environmental sectors in the United Kingdom. It seeks to hold 50 percent stake in the portfolio company. The fund typically holds its investments for a period of five years. It invests in shares or securities including loans with a five year or greater maturity period. It invests alongside selected partners with experience in the sectors concerned. Other than the loan stock issued by the fund, portfolio companies do not normally have external borrowings.