Ventus VCT plc - Renewable Energy Investment Fund
Capital Structure
Ventus VCT plc was launched in 2005 and raised just over £15m in
ordinary shares. In January 2010 further ordinary shares of
£1.3m were issued through a top up offer. Ventus VCT plc also
raised £6.8m in 2009 and £4.4m in 2010 in each case by way of a
joint offer with Ventus 2 VCT plc for 'C' shares. Whilst the
ordinary share and 'C' share pools each form part of Ventus 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.
The net asset value of each ordinary share was 112.5p
at 31 August 2010 and was 92.7p for each C
share at that date.
| Ventus Ordinary Share dividends | |
| Accounting Period Ended | Total Dividend (pence per Ordinary share) |
| February 2006 | 1.50 |
| February 2007 | 2.40 |
| February 2008 | 3.50 |
| February 2009 | 4.50 |
| February 2010 | 3.50 |
| February 2011 | 1.50 |
Past performance is no indication or guarantee of future performance. No data was available pre August 2005. The fund was raised in Spring 2005.