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NORTHERN AIM VCT PLC
22 DECEMBER 2005
UNAUDITED NET ASSET VALUE AS AT 30 NOVEMBER 2005
Northern AIM VCT PLC announces that the unaudited net asset value per share as
at 30 November 2005 was 60.6p.
The basis of calculation of the company’s net asset value has changed to reflect
the requirements of those UK Financial Reporting Standards which will be
applicable to the company’s published accounts for the first time in the year
ending 31 October 2006. In particular, quoted investments are now carried at bid
rather than mid-market prices and proposed dividends are not provided for until
a liability to pay has been established.
For comparative purposes, the net asset value per share as at 31 October 2005
restated on the same basis was 60.4p. This represents a net increase of 1.1p
from the figure of 59.3p reported in the company’s preliminary announcement
dated 20 December 2005 of results for the year ended 31 October 2005, comprising
2.0p proposed final dividend not yet provided less a 0.9p reduction in value of
The number of ordinary shares in issue at 30 November 2005 was 23,706,789.
Alastair Conn, Northern Venture Managers Limited – 0191 244 6000
This information is provided by RNS
The company news service from the London Stock Exchange