Business
Half-year Report 2017
Half-year Report 2017.
About this update from Pollen Street Group Limited
[{"type":"text","content":"\n \nRNS Number : 3519P Honeycomb Investment Trust PLC 31 August 2017 \n\n \nHoneycomb Investment Trust plc\nInterim Report and Unaudited Financial Statements\nFor the period from 1 January 2017 to 30 June 2017\n \n\n\n\nTable of Contents\n \n1 Strategic Report\nInvestment Objective\nFinancial and Operational Highlights\nChairman's Statement\nInvestment Manager's Report\nTop Ten Holdings\nInterim Management Report0\n2 Statement of Directors' Responsibilities\nStatement of Directors' Responsibilities\n3 Financial Statements\nStatement of Comprehensive Income\nStatement of Financial Position\nStatement of Changes in Shareholders' Funds\nStatement of Cash Flows\nNotes to the Financial Statements\n4 Shareholders' Information\nDirectors, Portfolio Manager and Advisers\n5 Definitions\n \n1 Strategic Report\nInvestment Objective\n\n\n\nThe investment objective of Honeycomb Investment Trust plc (the \"Company\") is to provide shareholders with an attractive level of dividend income and capital growth through the acquisition of loans made to consumers and small businesses as well as other counterparties, together with related investments (\"Credit Assets\") and selected equity investments that are aligned with the Company's strategy and that present opportunities to enhance the Company's returns from its investments (\"Equity Assets\"). \n\n\n\nFinancial and Operational Highlights\n\n\n\n\n \n\n\n30 June 2017 (Unaudited)\n\n\n30 June 2016 (Unaudited)\n\n\n31 December 2016 (Audited)\n\n\n\n\nNET ASSET VALUE (£'000)\n\n\n \n\n\n \n\n\n \n\n\n\n\nNET ASSET VALUE (CUM INCOME)(1)\n\n\n304,749\n\n\n150,925\n\n\n202,051\n\n\n\n\nNET ASSET VALUE (EX INCOME)(2)\n\n\n300,320\n\n\n147,630\n\n\n196,969\n\n\n\n\nMARKET CAPITALISATION(3)\n\n\n350,135\n\n\n152,250\n\n\n203,346\n\n\n\n\nPER SHARE METRICS\n\n\n \n\n\n \n\n\n\n\n\n\n\nSHARE PRICE (AT CLOSE)(4)\n\n\n1,170.0p\n\n\n1,015.0p\n\n\n1,020.5p\n\n\n\n\nNAV PER SHARE (CUM INCOME)\n\n\n1,018.3p\n\n\n1,006.2p\n\n\n1,014.0p\n\n\n\n\nNAV PER SHARE (EX INCOME)\n\n\n1,003.5p\n\n\n984.2p\n\n\n988.5p\n\n\n\n\nSHARES IN ISSUE\n\n\n29,926,110\n\n\n15,000,001\n\n\n19,926,110\n\n\n\n\nKEY RATIOS\n\n\n \n\n\n \...