Puma High Income VCT Interim Management Statement

Puma High Income VCT plc (the “Company” or the “VCT”)


Interim Management Statement

For the period from 1 October 2013 to 31 January 2014





Net asset value per share

73.14 pence

73.14 pence

Cumulative past dividends paid to date

21.00 pence

21.00 pence

Net asset value per share including dividends

94.14 pence

94.14 pence


The Company has not made any investments in the period.

Good progress generally has been made in the deployment of VCT funds by qualifying companies held by the VCT.

The Company is currently 87% invested, of which 71% is in qualifying holdings on a HMRC basis.

One of the Company’s investee contracting businesses, Isaacs Trading Limited, has recently gained a large contract to manage the development of flats and houses in South West London.

Material events

Other than as described above, the Board is not aware of any significant event or transaction which has occurred between 31 October 2013 and the date of publication of this Interim Management Statement which would have a material impact on the financial position of the Company.

Share capital

The Company has not issued or bought back any shares during the period.


In line with the Company’s prospectus, the Company announced on 23 January 2014 that it would be paying a dividend of 7p per Ordinary Share, to be paid on or around the 21 February 2014. Prior to this dividend the Company had to date paid 21p per share in dividends.



Puma High Income VCT Interim Management Statement 2014-01-31.pdf