Interim Management Statement
15 Mai 2008 - 7:43PM
UK Regulatory
RNS Number : 5994U
Ingenious Music VCT PLC
15 May 2008
15 May 2008
Ingenious Music VCT plc ("the Company")
Interim Management Statement
For the period 1 February 2008 to 15 May 2008
INVESTMENT ACTIVITIES & PERFORMANCE
The Company has fully invested 70% of net funds raised in VCT qualifying companies, the manager continues to monitor all of its
investments. It continues to receive royalty accountings in relation to albums released and has a number of exciting albums due for release
in the coming months.
The month of May sees the release of two albums from artists in the Company's portfolio. With over 40 top forty singles and Number 1s to
their name, legendary reggae band UB40 releases its next album entitled "Twentyfourseven". In addition, Mercury prize nominated British
singer, Martina Topley-Bird will be releasing her second album, "The Blue God".
In June, "La La Land", the second album from Newcastle girl three piece band Sirens will be available. The album has been created by a
number of producers who have worked with such diverse musical talents as Natasha Bedingfield, Eminem and Janet Jackson. In addition, the
eagerly anticipated next album from The Prodigy is nearing completion and its title and release date will be announced in the coming
months.
NET ASSET VALUE
30 April 2008 31 January 2008
Net assets attributable to shareholders 12,701 12,845
(£'000)
Shares in issue (number) 15,093,281 15,093,281
A copy of this interim management statement can be obtained from the following websites: www.londonstockexchange.com
www.ingeniousvcts.co.uk
Enquiries to
Sarah Cruickshank
Company Secretary
Ingenious Music VCT plc
15 Golden Square
London
W1F 9JG
0207 319 4000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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