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About the company
Octopus AIM VCT 2 plc is a United Kingdom-based venture capital trust (VCT). The Company's objective is to invest in a broad range of Alternative Investment Market (AIM) or Aquis Stock Exchange (AQSE) traded companies in order to provide shareholders with attractive tax-free dividends and long-term capital growth. The Company intends that the long-term disposition of its assets will be not less than 85% in a portfolio of qualifying AIM, AQSE exchange traded investments or unquoted companies where in the short to medium term, the management is planning an initial public offering (IPO) on AIM or AQSE. Investments in unquoted companies are not expected to exceed 10% of the Company's invested portfolio. It invests in various sectors, such as pharmaceuticals and biotechnology, software and computer services, health care providers, construction and materials, and electronic and electrical equipment. The Company's investment manager is Octopus Investments Limited.
- Revenue in GBP (TTM)810.00k
- Net income in GBP-1.21m
- Incorporated2005
- Employees0.00
- LocationOctopus AIM VCT 2 plc6th Fl, 33 HolbornLONDON EC1N 2HTUnited KingdomGBR
- Phone+44 80 0316 2295Fax+44 20 7422 7849
Profile
| Management group(s) | Octopus Investments Limited |
|---|---|
| AIC sector | VCT AIM Quoted |
| ISIN | GB00B0JQZZ80 |
| Launch date | 25 Jan 2006 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the company is to provide shareholders with attractive tax-free dividends and long-term capital growth by investing in a diverse portfolio of predominantly AIM-traded companies. To achieve this objective, the Board intends that the long-term disposition for the assets will be not less than 85% in a portfolio of qualifying AIM, NEX Exchange traded or unquoted companies where the management views an IPO as a short to a medium-term objective. The non-qualifying balance will be invested in permitted investments held for short-term liquidity.
Managed by
| Richard Power, Freda Isingoma, Kate Tidbury, Chris McVey, Dominic Weller, Mark Symington |
|---|
Management & contract fees
Management fee of 2.0% p.a. of the NAV of the Company. No performance fee. The Management agreement is for a fixed term of five years, and may be terminated by either party on 12 months notice thereafter.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Schroder BSC Social Impact Trust PLC | 542.00k | -614.00k |
| Alpha Real Trust Ltd | 7.37m | -929.00k |
| RM Infrastructure Income PLC | 7.87m | 3.12m |
| Thames Ventures VCT 1 PLC | -3.64m | -6.72m |
| Livermore Investments Group Ltd | 18.11m | 14.95m |
| Migo Opportunities Trust PLC | 10.03m | 8.32m |
| TMT Investments PLC | 8.00m | 7.18m |
| Value and Indexed Property IncomTrstPLC | -2.55m | -7.70m |
| Octopus Aim VCT 2 PLC | 810.00k | -1.21m |
| New Star Investment Trust plc | 8.37m | 7.24m |
| Crystal Amber Fund Limited | 5.28m | 1.55m |
| Schroders Capital Global Innvtn Trst PLC | -36.24m | -38.55m |
| Maven Income and Growth VCT 4 PLC | 4.03m | 1.28m |
| UIL Ltd | -13.58m | -23.45m |
| Kingswood Holdings Ltd | 64.06m | -13.91m |
| Henderson Opportunities Trust plc | 2.70m | 997.00k |
