Kings Arms Yard VCT Reports Positive NAV Growth

Kings Arms Yard VCT (GB:KAY) has released an update.

Kings Arms Yard VCT PLC reported an increase in net asset value (NAV) to £118.2 million, or 20.91 pence per share as of 31 March 2024, a 2.65% rise since the end of 2023, even after a dividend payment of 0.51 pence per share. The company also announced the successful closure of its £10.5 million Albion VCTs’ Top Up Offers after reaching its subscription limit. Significant portfolio activity included the sale of Egress Software Technologies and new investments in sectors such as forestry data platforms, digital therapeutics, and energy trading.

For further insights into GB:KAY stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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