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Albion Crown VCT PLC Reports Interim Performance and Strategic Investments

Story Highlights
  • Albion Crown VCT PLC reported a slight NAV increase for ordinary shares and a decrease for C shares.
  • The company closed a £30 million fundraising and focused C share investments on existing portfolios.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Albion Crown VCT PLC Reports Interim Performance and Strategic Investments

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Crown Place VCT ( (GB:CRWN) ) has provided an update.

Albion Crown VCT PLC has released its interim management statement for the period from January to March 2025, following its merger with Albion Venture Capital Trust PLC in December 2024. The statement highlights the performance of its ordinary and C shares, with a slight increase in NAV for ordinary shares and a decrease for C shares after accounting for dividends. The company successfully closed a £30 million fundraising effort and focused its C share investments on supporting existing portfolio companies. Notable investments were made in sectors like AI-enabled drug discovery and digital therapeutics. The company did not repurchase any shares during the period but maintains a policy to do so as market conditions allow.

More about Crown Place VCT

Average Trading Volume: 147,707

Technical Sentiment Signal: Strong Buy

Learn more about CRWN stock on TipRanks’ Stock Analysis page.

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