OVC2 Octopus Vct 2

 
TIDMOVC2 
 
   Octopus VCT 2 PLC 
 
   Interim Management Statement 
 
   3 June 2013 
 
   In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and 
Transparency rules, Octopus VCT 2 plc ("Fund" or "Company") presents an 
Interim Management Statement for the period 1 January 2013 to 30 April 
2013. The statement also includes relevant financial information between 
the end of the period and the date of this statement. 
 
   Financial Summary 
 
 
 
 
                           4 months to 30 April 2013  Year to 31 December 2012 
Net assets (GBP'000s)                         18,190                    18,180 
Return/(loss) on ordinary 
 activities before tax 
 (GBP'000s)                                       10                       132 
Net asset value per share                      94.2p                     94.2p 
 ('NAV') 
 
   Performance 
 
   As at 30 April 2013 the NAV of the Fund was 94.2p, showing no change to 
the NAV as at 31 December 2012. As the consistency in the NAV shows, the 
performance of the Fund has been relatively stable in the period under 
review, with a small increase in the net assets as loan interest income 
received by the Fund exceeds its day to day running costs, an increase 
not yet significant enough to move the NAV per share. 
 
   There have been no changes to any unquoted investment valuations, with 
the entire portfolio currently valued at cost. 
 
   Investment activity 
 
   No investments have been made or realised during the period and a total 
of GBP17.5 million remains invested in unquoted investments. 
 
   Top ten investment portfolio by value as at 30 April 2013 
 
 
 
 
                                            Carrying value 
Company                 Investment class        GBP'000        % of Net Assets 
Helaku Power 
 Limited                           Solar                1,460             8.0% 
Sula Power Limited                 Solar                1,000             5.5% 
Borro Loan 2 
 Limited                Consumer finance                1,000             5.5% 
Caspian Heat 
 Limited              Ground source heat                1,000             5.5% 
Superior Heat 
 Limited              Ground source heat                1,000             5.5% 
5AM Music Limited                  Media                1,000             5.5% 
Game Development 
 and Management 
 Limited                           Media                1,000             5.5% 
Howbery Solar 
 Limited                           Solar                  600             3.3% 
Acquire Your 
 Business Limited      Business services                  578             3.2% 
Aashman Power 
 Limited                           Solar                  500             2.7% 
 
   Material events and transactions 
 
   The Fund's Board is not aware of any other significant event or 
transaction which has occurred between 1 January 2013 and the date of 
the publication of this statement which would have a material impact on 
the financial position on the Fund. 
 
   For further information please contact: 
 
   Benjamin Davis - Fund Manager 
 
   Octopus Investments Limited - 0800 316 2347 
 
   ENDS 
 
   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: Octopus VCT 2 PLC via Thomson Reuters ONE 
 
   HUG#1706640 
 
 
  http://www.octopusinvestments.com/ 
 

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