Net Asset Value and Portfolio Summary

Molten Ventures VCT plc
LEI: 2138003I9Q1QPDSQ9Z97
Net Asset Value and Portfolio Summary
27 October 2022

Molten Ventures VCT plc (“the Company”) announces that the unaudited Net Asset Value of the Company at 31 August 2022 was 56.4p per share.

The unaudited Balance Sheet of the Company at 31 August 2022 is as follows:

	£’000
Investments
Venture capital investments	74,125
Current assets
Debtors	208
Cash at Bank	32,274
	32,482
Creditors: amounts due less than one year	(83)
Net current assets	32,399
Net Assets	106,524
Capital & Reserves
Called up share capital	9,441
Capital redemption reserve	890
Share premium	64,039
Special reserve	3,042
Capital reserve - unrealised	29,670
Capital reserve - realised	936
Revenue reserve	(1,494)
Total shareholders' funds	106,524

The unaudited investment portfolio at 31 August 2022 is summarised as follows:

			Total	% by
	Cost	Value	Unrealised	value of
			Gain/Loss	portfolio
	£	£	£
Thought Machine Group Limited	2,399,996	9,728,737	7,328,741	9.1%
Endomagnetics Limited	2,147,141	6,322,410	4,175,269	5.9%
IESO Digital Health	3,566,702	6,141,992	2,575,290	5.8%
Form3 (formerly Back Office Technology Ltd)	1,419,974	5,463,652	4,043,679	5.1%
PrimaryBid Limited	949,980	2,767,271	1,817,292	2.6%
Freetrade Ltd	600,000	2,133,881	1,533,881	2.0%
Ravelin Technology Limited	1,133,329	2,117,299	983,970	2.0%
Impulse Innovations Limited	2,079,418	2,079,418	-	2.0%
Hadean Supercomputing Limited	1,774,992	1,958,324	183,332	1.8%
Evonetix Limited	1,484,960	1,881,963	397,004	1.8%
Expanding Circle Ltd (AltruistIQ)	1,834,665	1,834,665	-	1.7%
River Lane Research Limited	900,896	1,764,528	863,632	1.7%
BeZero Carbon Ltd	1,567,037	1,567,037	-	1.5%
Focal Point Positioning Limited	599,996	1,495,543	895,547	1.4%
Gardin Limited	1,482,353	1,482,353	-	1.4%
Paragraf Limited	1,333,329	1,333,329	-	1.3%
Cervest Limited	1,312,230	1,312,230	-	1.2%
Fluidic Analytics Limited	1,249,995	1,249,995	-	1.2%
Allplants Limited	1,145,451	1,145,451	-	1.1%
Roomex UK Ltd	1,081,000	1,080,105	(895)	1.0%
Crowdcube Limited	400,000	1,027,378	627,378	1.0%
Global Satellite Vu Limited	977,367	977,367	-	0.9%
United Authors Publishing Ltd (Unbound)	542,002	542,002	-	0.5%
Sweepr Technologies Limited	514,597	507,727	(6,870)	0.5%
Guybrush Limited (Agora)	269,524	269,524	-	0.3%
Apperio Limited	500,000	250,000	(250,000)	0.2%
RealEyes Holding Limited	429,995	108,433	(321,562)	0.1%
Other Molten Ventures Investments	6,300,590	47,752	(6,252,838)	0.0%
Legacy Elderstreet Investments
Access Intelligence PLC	2,586,379	7,803,824	5,217,445	7.3%
Fords Packaging Top Co Ltd	2,432,856	5,866,632	3,433,776	5.5%
Macranet Ltd T/A Sentiment Metrics	1,187,169	1,187,171	2	1.1%
Cashfac plc	260,101	525,253	265,152	0.5%
Fulcrum Utilities Limited	385,948	151,150	(234,798)	0.1%
Cashfac plc	100	160	60	0.0%
Other legacy investments	4,051,188	9	(4,051,179)	0.0%
Cash at bank and in hand and other net current assets	32,398,998	32,398,998	-	30.4%
Total	83,300,258	106,523,563	23,223,308	100.0%

Unquoted investments are valued at their valuation from the most recent valuation exercise being as at 31 March 2022. Quoted investments are valued at bid price as at 31 August 2022.