Downing FOUR VCT (GB:D467) has released an update.
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Thames Ventures VCT 2 plc, managed by Foresight Group LLP, has corrected its annual financial report to include necessary wording as per UK Listing Rules, and has also released its final results for the year ended 31 March 2024, showing a challenging period with declining investment values but early signs of recovery. The report details a merger with Thames Ventures VCT 1 plc for cost savings and scale, as well as the resolution of issues related to the Company’s custodian in special administration. Amidst a tough investment environment and decreased net asset values across various share classes, the company is focusing on preserving value and has seen some positive outcomes, including completed wind-up of one share class and progress in another.
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