TIDMOVC2 
 
   Octopus VCT 2 PLC 
 
   Interim Management Statement 
 
   5 June 2014 
 
   In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and 
Transparency rules, Octopus VCT 2 plc ("Company") presents an Interim 
Management Statement for the period 1 January 2014 to 30 April 2014. The 
statement also includes relevant financial information between the end 
of the period and the date of this statement. 
 
   Financial Summary 
 
 
 
 
                           4 months to 30 April 2014  Year to 31 December 2013 
Net assets (GBP'000s)                         19,299                    19,337 
Return on ordinary 
 activities before tax 
 (GBP'000s)                                     (11)                     1,222 
Net asset value per share                     100.5p                    100.6p 
 ('NAV') 
Proposed dividend per                              -                     2.5p* 
 share 
 
 
   *This dividend, if approved by shareholders at the AGM, will be paid on 
4 July 2014 to shareholders on the register on 6 June 2014. 
 
   Performance 
 
   As at 30 April 2014 the NAV of the Company was 100.5p, compared with 
100.6p as at 31 December 2013. This small decrease in the NAV was due to 
the standard running costs of the company exceeding its income. 
 
   There have been no changes to any unquoted investment valuations since 
the year ended 31 December 2013. 
 
   Investment activity 
 
   The loan to Borro Loan 2 Limited for GBP1,000,000 was fully repaid on 19 
February 2014, plus all interest accrued to date. 
 
   Top ten investment portfolio by value as at 30 April 2014 
 
 
 
 
                                             Carrying value 
Company                            Sector       GBP'000        % of Net Assets 
Sula Power Limited                  Solar               1,224             6.3% 
5AM Music Limited                   Media               1,000             5.2% 
Superior Heat 
 Limited               Ground Source Heat               1,000             5.2% 
Winnipeg Heat 
 Limited              Anaerobic Digestion               1,000             5.2% 
Howbery Solar Park 
 Limited                            Solar                 676             3.5% 
Aashman Power 
 Limited                            Solar                 613             3.2% 
Donoma Power 
 Limited                            Solar                 613             3.2% 
Meri Power Limited                  Solar                 613             3.2% 
Kala Power Limited                  Solar                 612             3.2% 
Tonatiuh Trading 1 
 Limited                            Solar                 612             3.2% 
 
   Buybacks 
 
   On 23 April 2014 the Company bought back 22,000 Ordinary shares at a 
price of 90.5p per share. 
 
   Material events and transactions 
 
   The Board is not aware of any other significant event or transaction 
which has occurred between 1 May  2014 and the date of the publication 
of this statement which would have a material impact on the financial 
position on the Company. 
 
   For further information please contact: 
 
   Benjamin Davis - Fund Manager 
 
   Octopus Investments Limited - 0800 316 2347 
 
   ENDS 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Octopus VCT 2 PLC via Globenewswire 
 
   HUG#1791010 
 
 
  http://www.octopusinvestments.com/
Octopus Vct 2 (LSE:OVC2)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Octopus Vct 2 Charts.
Octopus Vct 2 (LSE:OVC2)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Octopus Vct 2 Charts.