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Information

Valuations

To obtain a valuation please contact our administrators Downing LLP  or call them on 0207 416 7780 and say that you would like an up to date valuation for Molten Ventures VCT plc.

IFA Letters of Authority

To register Letters of Authority on behalf of your clients with the Registrar please download and fill out the Intermediary Letter of Authority form and return it to our Registrar City Partnership (UK) Limited. If you have any questions please contact City Partnership by email or call 01484 240 910. 

Transferring your Shares

If you would like to transfer your shares please fill out the Stock Transfer Form and return it together with your share certificate to our Registrar, City Partnership (UK) Limited. If you have any questions please contact City Partnership by email or call 01484 240 910. Please note Stamp Duty may apply. 

Change of Address

If you would like to update your address please download and fill out the Change of Address Form and return it to our Registrar City Partnership (UK) Limited. If you have any questions please contact City Partnership by email or call 01484 240 910

VCT Links

Financial Reports & Accounts

Date
Title
Category
31/03/23
Annual
30/09/22
Half Yearly
31/03/22
Annual
30/09/21
Half Yearly
31/03/21
Annual
30/09/20
Half Yearly
31/03/20
Annual
30/09/19
Half Yearly
31/03/19
Annual
30/09/18
Half Yearly
31/03/18
Annual
30/06/17
Half Yearly
31/12/16
Annual
30/06/16
Half Yearly
31/12/15
Annual
30/06/15
Half Yearly
31/12/14
Annual
31/12/13
Annual
31/12/12
Annual
31/12/11
Annual
31/12/10
Annual

Current NAV and Total Returns

Share Class
NAV date
NAV
Total Return
Share Class Ordinary shares
NAV date 31/03/23
NAV 53.3p
Total Return 166.9p

Dividends & Dividend Reinvestment

To have your dividends paid directly into your bank account please download and fill out the request for payment of interest or dividends form and return it to our Registrar, City Partnership (UK) Limited at:-

City Partnership (UK) Limited
The Mending Rooms
Park Valley Mills
Meltham Road
Huddersfield
HD4 7BH

Tel: 01484 240 910
Email: moltenventuresvct@city.uk.com

To enrol in the Dividend Reinvestment Scheme with the Registrar please download and fill out the DRIS form and return it either by post to The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH or a scanned signed copy to registrars@city.uk.com.  If you have any questions please contact City Partnership by email or call 01484 240 910. 

If you would like to be removed from the Dividend Reinvestment Scheme, you can send a letter of instruction (which includes your full name, address and the company you hold shares in) to The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH or scanned signed copy to registrars@city.uk.com 

Forthcoming Dividends

Date payable
Ex Div Date
Type
Pence per Share
Date payable 29/09/23
Ex Div Date 24/08/23
Type Final
Pence per Share 0.5

Dividends History

Ordinary Shares
Date Paid
Type
Pence per Share
Date paid 07/04/2023
Type Interim
Pence per Share 1.00
Date paid 26/08/2022
Type Final and Special
Pence per Share 3.10
Date paid 28/01/2022
Type Interim
Pence per Share 1.50
Date paid 17/09/2021
Type Final
Pence per Share 1.50
Date paid 26/03/2021
Type Interim
Pence per Share 1.00
Date paid 23/10/2020
Type Final
Pence per Share 1.50
Date paid 27/03/2020
Type Interim
Pence per Share 1.50
Date paid 25/10/2019
Type Final
Pence per Share 1.50
Date paid 29/03/2019
Type Interim
Pence per Share 1.50
Date paid 12/10/2018
Type Final
Pence per Share 1.50
Date paid 29/09/2017
Type Interim
Pence per Share 1.50
Date paid 30/06/2017
Type Final
Pence per Share 1.50
Date paid 16/12/2016
Type Interim
Pence per Share 2.50
Date paid 30/06/2016
Type Interim
Pence per Share 2.50
Date paid 11/12/2015
Type Interim
Pence per Share 2.50
Date paid 30/06/2015
Type Special
Pence per Share 5.00
Date paid 29/05/2015
Type Second interim
Pence per Share 2.50
Date paid 12/12/2014
Type Interim
Pence per Share 2.00
Date paid 19/09/2014
Type Special
Pence per Share 15.00
Date paid 30/06/2014
Type Final
Pence per Share 2.00
Date paid 06/12/2013
Type Interim
Pence per Share 2.00
Date paid 28/06/2013
Type Final
Pence per Share 2.00
Date paid 07/12/2012
Type Interim
Pence per Share 2.00
Date paid 22/06/2012
Type Final
Pence per Share 2.00
Date paid 02/12/2011
Type Interim
Pence per Share 2.00
Date paid 06/07/2011
Type Final
Pence per Share 2.00
Date paid 08/10/2010
Type Interim
Pence per Share 2.00
Date paid 23/06/2010
Type Final
Pence per Share 2.00
Date paid 09/10/2009
Type Interim
Pence per Share 2.00
Date paid 12/06/2009
Type Final
Pence per Share 1.00
Date paid 26/09/2008
Type Interim
Pence per Share 3.00
Date paid 17/06/2008
Type Final
Pence per Share 3.50
Date paid 05/10/2007
Type Interim
Pence per Share 1.50
Date paid 15/06/2007
Type Final
Pence per Share 3.50
Date paid 27/06/2006
Type Final
Pence per Share 2.00
Date paid 21/06/2005
Type Final
Pence per Share 2.00
Date paid 08/10/2004
Type Interim
Pence per Share 1.00
Date paid 19/06/2004
Type Final
Pence per Share 1.00
Date paid 16/10/2003
Type Interim
Pence per Share 1.00
Date paid 06/05/2003
Type Final
Pence per Share 2.00
Date paid 27/09/2002
Type Interim
Pence per Share 1.50
Date paid 02/05/2002
Type Final
Pence per Share 2.00
Date paid 28/09/2001
Type Interim
Pence per Share 1.50
Date paid 19/06/2001
Type Final
Pence per Share 2.00
Date paid 03/11/2000
Type Interim
Pence per Share 10.00
Date paid 03/07/2000
Type Final
Pence per Share 1.00
Date paid 15/10/1999
Type Interim
Pence per Share 1.50
Date paid 01/04/1999
Type Interim
Pence per Share 2.00
Date paid 01/08/1998
Type Interim
Pence per Share 1.00
Date paid
Type Total
Pence per Share 115.10

Selling your shares

If you would like to sell your shares please instruct your stockbroker to contact the VCTs broker Panmure Gordon. The VCT does not buy back shares directly from investors but has a buyback policy through the London Stock Exchange. A precis of the buyback policy is as follows.

The Company has from time to time bought back its Ordinary Shares for cancellation. The Board will agree the price at which such buybacks are undertaken which will not be more than 95.0% of the last published NAV for the Ordinary Shares although the Board may decide to buy back shares at their discretion at a larger discount subject to VCT regulations, liquidity and the Listing Rules.

Shareholders are reminded that the VCT’s ability to conduct share buybacks will depend on VCT qualifying conditions and/or the sufficiency of the cash and distributable reserves required for the VCT to purchase its own shares. Restrictions imposed by the VCT regulations have impacted distributions recently and, while this issue is expected to be temporary as further distributable reserves are expected to become available for distribution under the VCT rules on 5 April 2024 and 5 April 2025, may continue to do so over the next 18 months.

Directors

David Brock

(Chairman)

Hugh Aldous
Nicholas Lewis
Richard Marsh
Grant Whitehouse

(Company Secretary)

VCT Portfolio

VCT News

Regulatory Disclosures

Molten Ventures VCT plc (LSE: MVCT) is registered in England No. 03424984. It is distinct from Molten Ventures plc (LSE: GROW) and does not form part of its group. The Board of Molten Ventures VCT plc remains independent of Molten Ventures plc. 

Elderstreet Investments Limited has been appointed as Alternative Investment Fund Manager (AIFM) of Molten Ventures VCT plc. Elderstreet Investments Limited is registered in England No. 01825358 and is authorised and regulated by the Financial Conduct Authority (FRN: 148527).

Where any information on this website relating to Molten Ventures VCT plc or Elderstreet Investments Limited constitutes a financial promotion for the purposes of the Financial Services and Markets Act 2000 (as amended), it is issued and approved by Elderstreet Investments Limited in its capacity as investment manager for its own purposes and for distribution and use in the UK only.


Risk Warnings

Your capital is at risk. Past performance is not a reliable indicator of future results.

Shares may trade at a discount to their net asset value. The value of an investment can fall as well as rise and investors may not get back the amount originally invested. Therefore you should only make plc investments which you can afford to lose without having any significant impact on your overall financial position or commitments.

Prospective investors are recommended to seek specialist independent tax and financial advice before investing in the VCT. Tax reliefs available are dependent on individual circumstances and the VCT maintaining HM Revenue & Customs (HMRC) approval. Tax treatment and qualifying criteria may be subject to change in future.

As a VCT shareholder, you do not have the right to complain to the Financial Ombudsman Service (FOS) about the management of the VCT. You would not be able to make a claim to the Financial Services Compensation Scheme (FSCS) about the VCT in the event that the VCT found itself unable to pay out.

Prospective investors must refer to the applicable Prospectus, in particular the section headed “Risk Factors”, when considering an investment in the Company.

Contact Details

Registered Office: 20 Garrick Street, London, WC2E 9BT, United Kingdom.

Phone Number: +44 (0)20 7931 8800

Contact email: VCT@molten.vc