Ventus disclaimer

DISCLAIMER

Please read this important information before confirming that you have understood the risks associated with Ventus VCT plc and Ventus 2 VCT plc (the Ventus Funds), by scrolling to the tick box at the foot of this section.

General
The contents of this website have been issued and approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by Temporis Capital Limited, a firm which is authorised and regulated in the UK by the Financial Conduct Authority (FRN 763725).

The information on this website relates to Ventus VCT plc and Ventus 2 VCT plc (the Ventus Funds) which are managed by Temporis Capital Limited (Temporis Capital).

The material on this website is provided for your general information about the Ventus Funds. It does not constitute an offer to sell or the solicitation of an offer to buy any investment. Nor does it constitute the giving of investment advice.

The investment referred to in this website is not suitable for all investors. No information detailed should be construed as advice to you on the suitability or otherwise of this investment, such suitability depending on all the circumstances of the person concerned. The information provided does not constitute investment, legal, tax or other advice nor is it to be relied upon in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.

Temporis Capital has taken all reasonable care to ensure that the facts stated in this website are true and accurate in all material aspects.

Risks involved:

Illiquidity and loss of capital
Trading in Venture Capital Trust (VCT) shares is not particularly active and consequently the price that you may be offered when you wish to sell your shares may be less than the price at which you bought the shares. Shares typically trade at a discount to their net asset value.

An investment in a VCT should be regarded as a long term investment.

Tax and VCTs
The information contained on this website in relation to the tax benefits from investing in VCTs is based on existing legislation. Changes in the tax rules or changes in the legislation concerning VCTs and, specifically, qualifying holdings and qualifying trades, may limit future investment opportunities by the Ventus Funds and have an impact on future asset values and level of sustainable dividend.

The tax reliefs available to certain investors depend on the Ventus Funds maintaining HM Revenue & Customs approval. If this approval is withdrawn, the Ventus Funds will lose this status and all tax reliefs are likely to be removed.

Investors must retain their VCT shares for five years to retain the up-front income tax relief.

Past performance and projected dividend yields
Past performance of the VCT shares is no indication of future performance. The net asset value of the Ventus Funds is dependent on the performance of the underlying operational companies in the portfolio. Whilst the Boards have each stated objectives to "to achieve a sustainable level of dividends and to protect and enhance the company’s capital", there can be no guarantee that these objectives will be achieved.

Agree

Dividends & NAV

Net Asset Values (pence per share) at 31 August 2016

 

Ordinary Shares

C Shares

D Shares

Ventus VCT plc

113.2p

124.0p

122.8p

Ventus 2 VCT plc

78.2p

125.1p

123.3p

Historic dividend payments, interim and final (pence per share).

 

Ventus VCT plc

Ventus 2 VCT plc

Period ended

31-Aug-05

28-Feb-06

31-Aug-06

28-Feb-07

31-Aug-07

29-Feb-08

31-Aug-08

28-Feb-09

31-Aug-09

13-Jan-10

31-Aug-10

12-Jan-11

31-Aug-11

29-Feb-12

31-Aug-12

28-Feb-13

31-Aug-13

28-Feb-14

31-Aug-14

28-Feb-15

31-Aug-15

29-Feb-16

31-Aug-16

Payment date

27-Feb-06

07-Aug-06

15-Feb-07

06-Aug-07

16-Jan-08

14-Jul-08

14-Jan-09

14-Jul-09

13-Jan-10

27-Jul-10

12-Jan-11

10-Aug-11

11-Jan-12

08-Aug-12

16-Jan-13

07-Aug-13

15-Jan-14

06-Aug-14

14-Jan-15

05-Aug-15

13-Jan-16

10-Aug-16

18-Jan-17

Ordinary shares

0.75

0.75

1.00

1.40

1.50

2.00

1.50

3.00

1.50

2.00

1.50

1.60

1.50

1.75

2.50

2.50

2.50

2.50

3.00

3.50

3.50

12.00

4.00

'C' shares

-

-

-

-

-

-

-

-

-

-

-

-

1.00

1.00

1.20

1.80

2.50

2.50

3.00

3.50

3.50

4.50

3.50

'D' shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.00

2.00

1.50

Ordinary shares

-

-

0.75

0.75

1.00

1.40

1.50

1.50

1.50

-

1.50

1.00

-

2.30

1.75

1.75

1.75

1.75

2.00

2.10

2.50

2.75

2.50

'C' shares

-

-

-

-

-

-

-

-

-

-

-

-

1.00

1.00

1.20

1.80

2.50

2.50

3.00

3.50

3.50

4.50

3.50

'D' shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.00

2.00

1.50

Historic dividends declared and projected annual dividends for the next five years.

The Ventus Funds each have a portfolio of operating assets that is producing a sustainable yield. All of the investments are now generating revenue. The annual dividends declared and the projected annual dividends for the next five years are set out in the charts below. Dividend targets are intentions only. Cash flow models are based on assumptions that are subject to change. No forecasts are intended or should be inferred.

Ventus VCT

Ventus VCT Ventus VCT Ventus VCT

Ventus 2 VCT

Ventus 2 VCT Ventus 2 VCT Ventus 2 VCT