Triple Point VCT plc was launched in December 2004 and was a pioneer of the 'protected' sector of VCTs.
Recognising that the typical high-growth investments of VCTs included too many capital risks for some investors, Triple Point VCT instead targets VCT-eligible investments with reduced capital risks.
This strategy created an investment product that offered strong returns (from the tax benefits) but which also offered investors a lower risk investment.
Triple Point VCT closed in April 2006 as one of the most successful VCTs of 2006, having raised £32m.
Triple Point VCT plc is closed to new investment.
The company
was placed in voluntary liquidation at the Annual General Meeting held on 15
September 2009. It was resolved at the same meeting that Alan Roberts and
Adrian J D Rabet of this office be appointed Joint Liquidators. The Board
proposed the voluntary liquidation as the most efficient mechanism for
returning capital to shareholders.
Triple Point VCT has now paid its final distribution. The
total value of distributions paid is 94.01p per share.
|
Date
|
Distribution
|
Pence per share
|
|
17 September 2007
|
Dividend
|
2.30
|
|
1 August 2008
|
Dividend
|
3.13
|
|
14 April 2009
|
Dividend
|
67.90
|
|
13 May 2009
|
Dividend
|
7.60
|
|
30 October 2009
|
Capital distribution
|
10.10
|
|
27 April 2010
|
Capital distribution
|
2.98
|
| |
|
94.01
|
Triple Point Investment Management LLP is not authorised by
FSA to hold client money nor market to retail investors. If you are in
any doubt as to the suitability of an investment, you should seek the advice of
an Independent Financial Advisor.