Albion Development VCT (GB:AADV) has released an update.
Albion Development VCT PLC reported an increase in net asset value (NAV) to £136.74 million, up 2.86% in the first quarter of 2024, even after a dividend payout of 2.22 pence per share. The company reached its £14.5 million share offer limit quickly and made significant investments in data platforms, energy, and health sectors. Notably, the firm’s top holdings include Quantexa and Egress Software Technologies, with a strong focus on innovation in financial crime analytics and secure communication solutions.
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