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TRIPLE POINT VCT 2011 PLC — Fund Information / Factsheet 2020
Jun 16, 2020
4890_fs_2020-06-16_28a5276d-7838-4d92-ae8d-7528ceddb941.html
Fund Information / Factsheet
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National Storage Mechanism | Additional information
RNS Number : 1360Q
Triple Point VCT 2011 PLC
16 June 2020
16 June 2020
Triple Point VCT 2011 plc
(the "Company")
INVESTMENT UPDATE
The Board of Triple Point VCT 2011 is pleased to announce that the Venture Share class (known as The Venture Fund) has completed its twelth investment.
An investment was made into Localz, a business which provides location, workflow and communications technology to enterprise businesses with large mobile workforces. This software facilitates real-time visibility of the workforce for providers of services such as gas boiler maintenance, mobile windscreen repair and home delivery. This facilitates a better experience for the ultimate end consumer by keeping them updated on service timings, whilst also saving significant operating costs for the enterprise client.
The investment is in line with the Company's investment criteria and risk and return profile.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
| Triple Point Investment Management LLP (Investment Manager) |
Tel: 020 7201 8989 |
| Belinda Thomas Harry Penberthy Daniel Cardenas-Clark Ian McLennan Seb Wallace |
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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