TIDMTPOA TIDMTPOB

RNS Number : 9494V

Triple Point VCT 2011 PLC

11 April 2019

11 April 2019

Triple Point VCT 2011 plc

(the "Company")

INVESTMENT UPDATE

The Board of Triple Point VCT 2011 plc is pleased to announce that the new Venture Share class (known as The Venture Fund) has completed its first two investments, into Augnet Ltd and MWS Technology Ltd.

The founding team of Augnet are former Skype executives who have developed a patent protected technology that enables SMS message to be tracked from origination to final delivery, providing a level of transparency and performance that does not exist in that market today. This is of particular importance to large corporate customers using messaging for everything from confirmation codes to marketing.

MWS's Aptem software service provides an end-to-end solution for apprenticeship and training providers to manage, serve and monitor their learner customers while complying with industry regulations

These investments are in line with the Company's investment criteria and risk and returns profile.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
 Triple Point Investment Management   Tel: 020 7201 8989 
  LLP 
  (Investment Manager) 
 Belinda Thomas 
  Jonathan Parr 
  Ian McLennan

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.

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END

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(END) Dow Jones Newswires

April 11, 2019 10:02 ET (14:02 GMT)

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