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Portfolio Update

·7-min read


Octopus AIM VCT plc

Portfolio Update

The investment portfolio of Octopus AIM VCT plc (the "Company") as at 21 September 2022 is as follows (the valuations being the unaudited valuations, at bid price, as at 31 August 2022):

Investee Company

Sector

Book cost (£000)

Movement in valuation (£000)

Fair Value
(£000)

Ergomed plc

Pharmaceuticals & Biotechnology

1,175.6

6,973.2

8,148.9

Popsa Holdings Limited*

Software & Computer Services

1,589.9

3,787.5

5,377.5

Learning Technologies Group plc

Software & Computer Services

1,051.4

4,226.4

5,277.8

Breedon Group plc

Construction & Materials

859.3

3,405.2

4,264.5

Judges Scientific plc

Electronic & Electrical Equipment

313.6

3,516.8

3,830.4

GB Group plc

Software & Computer Services

505.1

3,177.5

3,682.5

Hasgrove plc*

Media

87.8

3,451.3

3,539.1

SDI Group plc

Technology Hardware

178.5

3,280.7

3,459.3

Brooks Macdonald Group plc

Investment Banking & Brokerage Services

746.2

2,613.4

3,359.6

IDOX plc

Software & Computer Services

353.4

2,705.8

3,059.2

Libertine Holdings plc

Industrial Engineering

3,000.0

(150.0)

2,850.0

Equipmake Holdings plc

Electronic & Electrical Equipment

1,800.0

847.1

2,647.1

Mattioli Woods plc

Investment Banking & Brokerage Services

528.7

2,084.7

2,613.4

Netcall plc

Software & Computer Services

307.9

2,119.9

2,427.7

Intelligent Ultrasound Group plc

Medical Equipment & Services

1,829.9

596.3

2,426.2

EKF Diagnostics Holdings plc

Medical Equipment & Services

931.2

1,323.0

2,254.2

MaxCyte Inc

Pharmaceuticals & Biotechnology

1,034.7

1,163.3

2,198.1

Sosandar plc

Retailers

1,852.7

320.4

2,173.1

Craneware plc

Health Care Providers

183.4

1,969.6

2,153.0

Next Fifteen Communications Group plc

Media

453.0

1,415.3

1,868.3

Quixant plc

Technology Hardware & Equipment

586.8

1,260.2

1,847.0

Clean Power Hydrogen plc

Alternative Energy

1,800.0

(120.0)

1,680.0

Ilika plc

Electronic & Electrical Equipment

1,058.4

587.6

1,646.0

Animalcare Group plc

Pharmaceuticals & Biotechnology

306.2

1,289.7

1,595.9

TPXimpact Holdings plc

Software & Computer Services

979.4

608.8

1,588.1

Access Intelligence plc

Software & Computer Services

677.9

881.3

1,559.2

PCI-Pal plc

Software & Computer Services

1,097.8

452.1

1,549.9

ENGAGE XR Holdings plc

Software & Computer Services

1,879.0

(414.6)

1,464.5

LungLife AI Inc

Pharmaceuticals & Biotech

2,079.0

(720.6)

1,358.4

Vertu Motors plc

Retailers

1,265.5

30.8

1,296.3

Ixico plc

Pharmaceuticals & Biotechnology

1,045.5

224.0

1,269.6

Spectral MD Holdings Ltd

Health Care Providers Care Providers

2,115.3

(860.5)

1,254.8

Beeks Financial Cloud Group plc

Software & Computer Services

450.4

765.7

1,216.1

Diaceutics plc

Health Care Providers

929.8

183.5

1,113.3

Feedback plc

Medical Equipment & Services

1,500.0

(392.1)

1,107.9

Cambridge Cognition Holdings plc

Health Care Providers

600.6

428.8

1,029.4

RWS Holdings plc

Industrial Support Services

143.3

695.7

839.0

Restore plc

Industrial Support Services

255.8

578.1

834.0

Creo Medical Group plc

Medical Equipment & Services

1,471.1

(670.8)

800.3

Oberon Investments Group plc

Investment Banking & Brokerage Services

864.0

(72.8)

791.2

Velocys plc

Alternative Energy

995.8

(205.4)

790.4

Gamma Communications plc

Telecommunications Service Providers

274.4

499.1

773.6

Trackwise Designs plc

Technology Hardware & Equipment

1,934.1

(1,219.1)

715.0

Polarean Imaging plc

Pharmaceuticals & Biotech

686.6

(11.4)

675.2

Glantus Holdings plc

Industrial Support Services

1,800.0

(1,147.1)

652.9

Gooch & Housego plc

Technology Hardware & Equipment

421.7

203.4

625.1

Fusion Antibodies plc

Health Care Providers

745.3

(121.8)

623.5

Gelion plc

Electronic & Electrical Equipment

1,140.0

(526.8)

613.2

Osirium Technologies plc Loan Notes

Software & Computer Services

600.0

0.0

600.0

AdEPT Technology Group plc

Software & Computer Services

600.6

(21.7)

578.9

Gear4music Holdings plc

General Retailers

528.8

3.8

532.6

Advanced Medical Solutions Group plc

Medical Equipment & Services

284.3

244.0

528.3

Verici Dx plc

Pharmaceuticals & Biotechnology

651.2

(108.0)

5432

Crimson Tide plc

Software & Computer Services

567.0

(94.5)

472.5

GENinCode plc

Medical Equipment & Services

1,200.0

(736.4)

463.6

ReNeuron Group plc

Pharmaceuticals & Biotechnology

1,365.5

(914.6)

450.9

Evgen Pharma plc

Pharmaceuticals & Biotechnology

1,050.0

(630.0)

420.0

The British Honey Company plc

General Retailers

1,320.6

(905.4)

415.2

KRM 22 plc

Software & Computer Services

680.6

(306.3)

374.3

DP Poland plc

Travel & Leisure

1,016.4

(647.1)

369.3

MyCelx Technologies Corporation

Oil, Gas & Coal

1,470.2

(1,103.8)

366.5

DXS International plc

Software & Computer Services

300.0

18.8

318.8

W&isco plc

Software & Computer Services

145.2

143.7

288.9

Cordel Group plc

Software & Computer Services

443.3

(177.3)

266.0

Eluceda Limited*

Pharmaceuticals & Biotech

299.9

(39.0)

260.9

Mears Group plc

Industrial Support Services

138.7

117.1

255.7

The Food Marketplace Ltd*

Retailers

300.0

(60.0)

240.0

Renalytix plc

Health Care Providers

288.4

(84.8)

203.6

Strip Tinning Holdings plc

Electronic & Electrical Equipment

505.9

(328.1)

177.7

Rosslyn Data Technologies plc

Software & Computer Services

429.0

(257.4)

171.6

Falanx Group Limited

Industrial Support Services

900.0

(735.0)

165.0

Velocity Composites plc

Aerospace & Defense

799.2

(639.4)

159.8

Staffline Group plc

Industrial Support Services

334.4

(184.1)

150.3

Enteq Upstream plc

Oil Services

1,031.7

(887.3)

144.4

In The Style Group plc

General Retailers

1,000.0

(865.0)

135.0

TP Group plc

Aerospace & Defense

648.0

(565.5)

82.5

XP Factory plc

Travel & Leisure

988.2

(907.7)

80.5

Tasty plc

Travel & Leisure

621.7

(547.3)

74.4

Genedrive Plc

Pharmaceuticals & Biotechnology

361.1

(293.4)

67.7

Osirium Technologies plc

Software & Computer Services

1,350.0

(1,298.9)

51.1

1Spatial plc

Software & Computer Services

300.0

(264.2)

35.8

Rated People Ltd*

Software & Computer Services

353.7

(318.9)

34.8

Abingdon Health plc

Medical Equipment & Services

520.7

(488.2)

32.5

LoopUp Group plc

Software & Computer Services

295.6

(276.4)

19.2

Microsaic Systems plc

Electronic & Electrical Equipment

1,384.2

(1,368.6)

15.5

Haydale Graphene Industries plc

Industrial Materials

598.1

(590.2)

7.8

Location Sciences Group Plc

Software & Computer Services

763.1

(762.6)

0.5

Airnow plc*

Software & Computer Services

1,257.1

(1,257.1)

-

Since 31 August 2022 Octopus AIM VCT plc has made no investments and no disposals.

Unless otherwise stated, all the investments set out above:

- are quoted on public markets;

- represent equity investments except in the case of Osirium which include investment through loan stock; and

- are in portfolio companies incorporated in the UK with the exception of:

Breedon Group – Jersey

Maxcyte Inc – USA

VR Education Holdings plc – Ireland

Falanx Group Limited – British Virgin Islands

Mycelx – USA

Glantus Holdings plc - Republic of Ireland

Spectral MD Holdings Ltd - USA

* Denotes unlisted company

Current Asset Investments (unaudited)

Investee Company

Sector

Book cost
(£000)

Movement in valuation (£000)

Fair Value (£000)

Octopus UK Micro Cap Growth Fund

N/A

5,622.0

(1,481.0)

7,467.0

Octopus UK Multi Cap Income Fund

N/A

5,889.0

(597.0)

6,463.0

Octopus UK Future Generations Fund

N/A

690.0

(62.0)

578.0

Money Market Funds

N/A

1,331.0

0.0

1,331.0

Since 31 August 2022 there has been an investment of £6,000 into the current asset investments.

The capitalisation of Octopus AIM VCT plc as at 31 August 2022 was as follows:

Shareholders' Equity

 

£000’s

Called up Equity Share Capital

1,601

Legal reserves

1,081

Other reserves

135,807

Total

138,489

There has been no material change to the capitalisation since 31 August 2022.

For further information please contact:

Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800C5JHJUQLAFP619