Triple Point

TP70 VCT plc Dividend Announcement

Alyson — Wed, 09 May 2012 12:55:34 +0000

The Board of Directors of TP70 VCT plc, a venture capital trust company, has resolved that the company will pay to all shareholders on the Register of Members on the record date of Friday 18 May 2012 a dividend of 52.4p per share. The ex-dividend date will therefore be Wednesday 16 May 2012. The dividend will be paid on Friday 25 May 2012.

For more information please contact: Triple Point Investment Management 020 7201 8989

Triple Point Launches the Digital EIS

Alyson — Thu, 23 Feb 2012 13:52:59 +0000

The Triple Point Digital EIS has now launched. It is a discretionary management service designed to provide investments which qualify for the tax benefits through the Enterprise Investment Scheme.

Funds will be deployed into a portfolio of young, unquoted companies that will deploy, install, maintain and operate digital projection equipment in cinemas in the UK and Europe.

Summary

Targets investments in digital cinema equipment.
Trading will be able to commence promptly after the closing date, facilitating timely income tax relief.
Target post-tax returns of 14-16% p.a. after costs assuming 30% income tax relief. Shareholders should expect to receive in addition to the tax relief the return of £1.08 – £1.12 per share, assuming they exit in the fourth year.

The Digital EIS reached full capacity and closed to new investment on Monday 2 April.

TP5 VCT plc Interim Management Statement published

Alyson — Tue, 07 Feb 2012 16:50:41 +0000

The Interim Management Statement for TP5 VCT plc to 31 December 2011 has been published.

The Net Asset Values are:

Ordinary Share Class: 86.41p per share

B Share Class: 81.31p per share

For more information, please see the Interim Statement below.

TP70 2008 (II) VCT plc Interim Management Statement published

Alyson — Tue, 07 Feb 2012 16:49:52 +0000

The Interim Management Statement for TP70 2008 (II) to 31 December 2011 has been published.

The new Net Asset Value per share is 79.32p.

For more information, please see the Interim Statement below

TP70 2008 (I) VCT plc Interim Management Statement published

Alyson — Wed, 01 Feb 2012 17:23:59 +0000

The Interim Management Statement for TP70 2008 (I) to 31 December 2011 has been published.

The new Net Asset Value per share is 79.41p.

For more information, please see the Interim Statement below

TP70 2010 VCT plc Interim Management Statement published

Alyson — Mon, 16 Jan 2012 16:57:44 +0000

The Interim Management Statement for TP70 2010 to 30 November 2011 has been published.

The new Net Asset Value per share is 85.96p.

For more information, please see the Interim Statement below.

TP70 VCT plc Interim Management Statement published

Alyson — Mon, 16 Jan 2012 16:56:50 +0000

The Interim Management Statement for TP70 to 30 November 2011 has been published.

The new Net Asset Value per share is 72.56p.

For more information, please see the Interim Statement below.

TP10 VCT plc Interim Management Statement published

Alyson — Thu, 12 Jan 2012 15:52:46 +0000

The Interim Management Statement for TP10 to 30 November 2011 has been published.

The new Net Asset Value per share is 91.44p.

For more information, please see the Interim Statement below.

Triple Point Launches TP12 – Investing in Renewable Energy Infrastructure

Alyson — Tue, 10 Jan 2012 14:57:50 +0000

Triple Point are pleased to announce the launch of TP12 (Twin VCTs, TP12 (I) VCT plc and TP12 (II) VCT plc). TP12 offers undiluted access to a diversified, high quality portfolio of renewable energy infrastructure assets.

Highlights

Post-tax returns of 9-12% p.a. Depending upon the tax situation of the investor, this is equivalent to pre-tax returns of 18-24% p.a.*
From year 2, TP12 targets an annual tax free dividend of 5p per share.
Visibility: we have a pipeline of VCT qualifying infrastructure deals.
Rapid deployment: this pipeline will enable the majority of the portfolio to be established by 5 April 2012.

To deliver on this proposition, we are seeking £16m and TP12 will close on Wednesday 4 April.

(*Please note these returns include the VCT tax benefits and use a 50% income tax rate for the pre-tax return comparison).

Additional Share Offers

As the investment capacity is limited, for the first £10m of applications received by:

31 January 2012 – investors will receive 1.5% additional shares.
29 February 2012 – investors will receive 0.75% additional shares.

For more information and to request a copy of the brochure, please call 020 7201 8990.

Triple Point VCT 2011 plc (“TP11”) Interim Management Statement published

Alyson — Tue, 10 Jan 2012 14:49:55 +0000

The Interim Management Statement for TP11 to 30 November 2011 has been published.

The new Net Asset Value per share is 93.06p.

For more information, please see the Interim Statement below.