TIDMCRWN 
 
 
   Crown Place VCT PLC Interim Management Statement 
 
   Introduction 
 
   I am pleased to present Crown Place VCT PLC's interim management 
statement for the period from 1 July 2013 to 14 November 2013 as 
required by the UK Listing Authority's Disclosure and Transparency Rule 
4.3. 
 
   Performance and dividends 
 
   The Group's unaudited net asset value per share (NAV), based on 
management accounts, as at 30 September 2013 was GBP26.8 million or 
31.74 pence per share (excluding treasury shares), after accounting for 
a dividend of 1.25 pence per share which is payable on 29 November 2013 
to shareholders on the register on 1 November 2013. 
 
   The NAV as at 30 June 2013 was 31.01p (after accounting for the dividend 
of 1.25 pence per share). 
 
   After taking account of the dividend, the Company's NAV has risen by 
0.73 pence per share or 2.4 per cent. since 30 June 2013 as a result of 
an increase in investment valuations. 
 
   Share issues and buybacks 
 
   During the period from 1 July 2013 to 14 November 2013, the Company 
purchased 675,000 shares for cancellation at an average price of 29.8 
pence per share. 
 
   It remains the Board's policy to buy back shares in the market, subject 
to the overall constraint that such purchases are in the Company's 
interest, including the maintenance of sufficient resources for 
investment in existing and new portfolio companies and the continued 
payment of dividends to shareholders. 
 
   It is the Board's intention for such buy-backs to be at around a 5 per 
cent. discount to net asset value, so far as market conditions and 
liquidity permit. 
 
   Portfolio 
 
   The following investments have been made during the period from 1 July 
2013 to 14 November 2013: 
 
 
 
 
Name          GBP000's                          Activity 
New 
investments 
Aridhia 
Informatics 
Limited         270               Healthcare informatics and analysis 
Relayware 
Limited         231        Business collaboration and communication solutions 
Cisiv                     Web-based solutions for healthcare data capture and 
Limited          97                            management 
Silent 
Herdsman 
Holdings 
Limited          82                Remote monitoring of animal health 
Erin Solar 
Limited          29       Photo-voltaic installations on commercial buildings 
Total new 
 investments       709 
 
Further 
investments 
Bravo Inns 
II Limited          45                       Owner and operator of public houses 
AMS Sciences            Provider of metabolism data in clinical and pre-clinical 
Limited             18                                              development. 
Mi-Pay 
Limited             15                       Provider of mobile payment services 
Rostima 
Holdings                   Provider of labour management software for the marine 
Limited              9                                   and aviation industries 
Abcodia                  Validation and discovery of molecular biomarkers linked 
Limited              6                                   to age related diseases 
Total 
 further 
 investments        93 
 
   Disposals and loan stock repayments 
 
   The following disposals and loan stock repayments were made by portfolio 
companies during the period from 1 July 2013 to 14 November 2013: 
 
 
 
 
Name                               GBP000's 
Opta Sports Data Limited             559     Proceeds on disposal in July 2013 
Prime Care Holdings Limited          209     Proceeds on disposal in July 2013 
Radnor House School (Holdings)       140     Loan stock repayment 
Limited 
Masters Pharmaceuticals Limited       53     Loan stock repayment 
Tower Bridge Health Club Limited      14     Loan stock repayment 
The Dunedin Pub Company VCT           2      Loan stock repayment 
Limited 
 
 
   Top ten holdings as at 30 September 2013: 
 
 
 
 
                                     % of 
                                      net 
                     Carrying value  asset 
    Investment          GBP000's     value                       Activity 
Radnor House School 
(Holdings) Limited       2,744       10.2%       Independent school for children ages 7-18 
Oakland Care Centre 
Limited                  2,433       9.1%      Owner and operator of care home for residents 
ELE Advanced 
Technologies 
Limited                  2,194       8.2%    Manufacturer of precision engineering components 
The Crown Hotel 
Harrogate Limited        1,908       7.1%    Owner and operator of the Crown Hotel, Harrogate 
Kensington Health                           Owner and operator of a health and fitness club in 
Club Limited             1,202       4.5%                       West London 
Orchard Portman                               Owner and operator of a psychiatric hospital in 
Hospital Limited          941        3.5%                         Taunton 
Lowcosttravelgroup 
 Limited                        910   3.4%                               Online travel business 
                                            Provider of mobile data solutions for the logistics 
Blackbay Limited                880   3.3%                            and field service sectors 
The Charnwood Pub 
 Company Limited                845   3.2%                  Owner and operator of freehold pubs 
Kew Green                 844        3.1%   Owner and operator of the 'Holiday Inn Express' at 
 (Stansted) VCT                              Stansted Airport 
 Limited 
 
 
   A full breakdown of the Company's portfolio can be found on the funds 
website under current portfolio at 
www.albion-ventures.co.uk/ourfunds/CRWN.htm. 
 
   Albion VCTs Top Up Offers 2013/2014 
 
   On 6 November 2013 the Company announced the launch of a top up offer 
(the "Offer") as part of the Albion VCTs Top Up Offers 2013/2014 which 
are seeking to raise in aggregate GBP15 million under the Offers. 
Within this total, the amount to be raised by the Crown Place VCT PLC 
Offer is expected to amount to GBP2-3 million. 
 
   The proceeds of the Offer will be used to provide further resources to 
the Company at a time when a number of attractive new investment 
opportunities are being seen. 
 
   An Investor Guide and Offer Document can be found on the website 
www.albion-ventures.co.uk. 
 
   The Offer will close on 13 June 2014 (unless fully subscribed or 
extended by the Company). 
 
   Material Events and Transactions 
 
   There have been no further significant events or transactions that the 
Board is aware of which would have a material impact on the financial 
position of the Company between 1 July 2013 and 14 November 2013. 
 
   Further information 
 
   The Company continues to offer a Dividend Reinvestment Scheme to 
existing shareholders.  Details of this Scheme can be found at 
www.albion-ventures.co.uk/ourfunds/CRWN.htm. 
 
   Further information regarding historic and current financial performance 
and other useful shareholder information can be found on the Fund's 
website under www.albion-ventures.co.uk/ourfunds/CRWN.htm. 
 
   Patrick Crosthwaite, Chairman 
 
   14 November 2013 
 
   For further information please contact: 
 
   Patrick Reeve, Albion Ventures LLP - tel: 020 7601 1850 
 
   This announcement is distributed by Thomson Reuters on behalf of Thomson 
Reuters clients. 
 
   The owner of this announcement warrants that: 
 
   (i) the releases contained herein are protected by copyright and other 
applicable laws; and 
 
   (ii) they are solely responsible for the content, accuracy and 
originality of the 
 
   information contained therein. 
 
   Source: Crown Place VCT PLC via Thomson Reuters ONE 
 
   HUG#1743218 
 
 
  http://www.closeventures.co.uk
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