Hargreave Hale AIM VCT PLC - venture capital trust investing primarily in AIM-listed companies - Net asset value at December 31 was 46.40 pence per share, up from 46.34p at September 30 and giving a positive 0.1% total return for first quarter of year to September 30, 2024. Qualifying investments made a 0.68p per share net loss, while non-qualifying investments made a 0.51p net gain. Company says inflation outlook has continued to moderate in UK, US and elsewhere, while UK consumer confidence continues to recover although economy is ‘still flirting with recession’.

Company adds: ‘After two very difficult years on AIM, we are pleased to be able to finally report a period of positive performance on AIM, which rose by 5.7% in the three months to December 2023...it is encouraging to see some early signs of a return of investor interest in small UK companies.’

Also says that over January, unaudited NAV decreased 0.5% to 46.16p. FTSE All-Share Index ‘decreased by 1.02%’ over the same period.

Current stock price: 42.23 pence

12-month change: down 21%

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