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Hargreave Hale AIM VCT Reports 2024 Financial Results Amidst Market Challenges
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Hargreave Hale AIM VCT Reports 2024 Financial Results Amidst Market Challenges

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Invest with Confidence:

An announcement from Hargreave Hale AIM VCT 1 ( (GB:HHV) ) is now available.

Hargreave Hale AIM VCT plc reported its financial results for the year ending September 2024, indicating a challenging year with a NAV total return of -3.86%. The company managed to invest £9.2 million in qualifying companies and proposed a final and special dividend. Despite improvements in UK inflation and economic conditions earlier in the year, the company’s performance was hindered by market volatility following the UK General Election and Autumn Budget. Trading volumes on AIM increased significantly, resulting in losses for AIM investments, although interest in IPOs is expected to recover in 2025.

More about Hargreave Hale AIM VCT 1

Hargreave Hale AIM VCT plc operates in the financial services industry, focusing on venture capital trust investments primarily targeting small UK companies, particularly those listed on the Alternative Investment Market (AIM). The company is dedicated to providing tax-efficient investment opportunities to its shareholders through a diversified portfolio of qualifying investments.

YTD Price Performance: -1.23%

Average Trading Volume: 59,152

Technical Sentiment Consensus Rating: Strong Buy

Find detailed analytics on HHV stock on TipRanks’ Stock Analysis page.

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