Performance data

to 31 May 2010

Northern Venture Trust PLC

Launch date 1995
Share price 67.0p
Latest NAV per share 78.9p (31 March 2010)
No of shares in issue 59,139,418
Market capitalisation £39.6 million
Dividend yield 11.2%
    1 yr 3 yrs 5 yrs 10 yrs
NAV total return – company 120.2 128.5 152.7 176.2
  – sector average 105.3 93.3 115.0 127.6
Share price total return – company 151.4 135.5 165.6 230.8
  – sector average 117.8 89.2 114.9 138.6
“Share price” is mid-market price as at 31 May 2010. “Dividend yield” is based on dividends paid and proposed in respect of latest full financial year, expressed as a percentage of share price. Total return statistics are for periods to 31 May 2010, return shown is on £100 invested, based on mid to mid share price/latest published NAV, assuming net income re-invested (source: AIC). “Sector average” refers to the VCT generalist sector.

Latest news

NVM invests in
Mantis Deposition

NVM has invested a funding package of £3 million of development capital into Oxfordshire-based Mantis Deposition Limited (Mantis). For further information click here.

NVM announces partial exit from Weldex

NVM has completed a partial exit from its longest-standing investment in Weldex (International) Offshore Limited, the largest crawler crane hire company in the UK. The total income and capital proceeds over the life of the investment represents an internal rate of return (IRR) of 25% per annum.

NVM backs MBO of Kerridge
Commercial Systems (KCS)

NVM has invested £9 million into the management buy-out of Berkshire-based KCS, the leading Enterprise Resource Planning (ERP) software business. For further information click here.