Gresham House Renewable EnergyVCT1 - venture capital trust - Reports net asset value at September 30 was 55.7 pence compared to 92.3p at September 30 2022. Explains the reduction is due to the payment of dividends totalling 18.5p per share mainly generated out of the proceeds from the partial sale in April, and also the consequence of a reduction in value of the remaining portfolio. Total dividends of 18.5p per share was paid comprising 2.0p in respect of the year ended 30 September 2022 and 16.5p as a result of the partial sale of assets. Optimistic that realisations in respect of the remaining portfolio can be made in 2024.

Current stock price: 1,221.00 pence

12-month change: up 67%

By Jeremy Cutler, Alliance News reporter

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