Octopus Apollo VCT (GB:OAP3) has released an update.
Octopus Apollo VCT plc has reported a modest increase in its half-yearly net asset value (NAV) plus cumulative dividends to 138.4p per share, reflecting a total return of 1.0% amid a challenging economic landscape. The Company successfully closed an offer to raise £85 million and declared an interim dividend of 1.3p per share, while maintaining 100% of its portfolio in VCT qualifying investments. Significant portfolio gains were led by B2B technology companies, despite valuation decreases in a few underperforming firms.
For further insights into GB:OAP3 stock, check out TipRanks’ Stock Analysis page.
