Ventus 2 VCT plc - Renewable Energy Investment Fund
Capital Structure
Ventus 2 VCT plc was launched in 2006 and raised £11m through a
joint issue of ordinary shares with Ventus 3 VCT plc. Ventus 2 VCT
plc has now merged with Ventus 3 VCT plc. In January
2010 further ordinary shares of £1.1m were issued through a top up
offer. Ventus 2 VCT plc also raised £6.8m in 2009 and £4.4m
in 2010 in each case by way of a joint offer with Ventus VCT plc
for 'C' shares. Whilst the ordinary share and 'C' share pools
each form part of Ventus 2 VCT plc, they are separate classes of
share and participate in different investments across the
portfolio. The funds have a mutual objective of investing in
companies that develop, construct and operate UK onshore renewable
energy projects and have the common strategy of aiming to deliver
steady cash flows to shareholders.
In 2010 Ventus 3 VCT plc merged with Ventus 2 VCT plc by way of a
scheme of reconstruction. Details of the merger are set out
here.
The net asset value of each ordinary share was 87.6p at 31 August
and was 92.7p for each C share at that date.
| Ventus 2 Ordinary Share Dividends | |
| Accounting Period Ended | Total Dividend (pence per Ordinary share) |
| February 2007 | 1.50 |
| February 2008 | 2.40 |
| February 2009 | 3.00 |
| February 2010 | 1.50 |
| February 2011 | 1.50 |
Past performance is no indication or guarantee of future performance. No data was available pre August 2006. The fund was raised in Spring 2006.