Albion Technology & General VCT Reports Positive Year

Albion Technology & General VCT (GB:AATG) has released an update.

Albion Technology & General VCT PLC has released its unaudited Annual Financial Report for the year ended 31 December 2023, revealing an increase in total shareholder value and declaring a first dividend for the following year. Despite market volatility and an uncertain economic backdrop, the VCT delivered a 3.83% gain on opening net asset value and paid a tax-free dividend yield of 5.1%. The portfolio, largely focused on unquoted growth and technology businesses, saw a net asset value per share of 71.99p as of year-end, with the largest portfolio company, Quantexa, significantly contributing to the net gain.

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