Albion Crown Vct Plc · LSE:CRWC
Albion Crown Vct — Albion Technology & General VCT — Shareholder Meeting (June 2026)
17 slides from Albion Crown Vct's shareholder meeting presentation, June 2026
Slide 1: Manager Presentation June 2026
Albion Technology & General VCT PLC Manager Presentation June 2026 Results for the year to 31 December 2025
Slide 2: Background
BACKGROUND • Ongoing global macro and geo-political uncertainties • Political instability in UK • Portfolio focus on mission critical products and services is designed to provide resilience • A positive return for the year despite many uncertainties • Merger benefits being seen – ongoing charges red
Slide 3: Financial Highlights to 31 Dec 2025
FINANCIAL HIGHLIGHTS TO 31 DEC 2025 70.71p 205.33p 1.74% 3.60p Net asset value (NAV) per share as Total shareholder value as at 31 Shareholder return for the year Tax-free dividends per at 31 December 2025 December 2025 ended 31 December 2025 share paid during the year 3
Slide 4: Performance Data
PERFORMANCE DATA Shows the performance over one year, three years, five years and ten years to 31 December 2025, being the cumulative return for the period comprising dividends paid and change in net asset value. The returns do not include tax relief. Average annual returns for the periods are expre
Slide 5: Highlights in the Year
HIGHLIGHTS IN THE YEAR 2024 2025 Notes 2025 includes all proceeds from the 2024/25 Top Fundraising £11.4m £42.4m Up and first allotment under the 2025/26 Top Up 2025 includes several sales including The Evewell, Exits £6.9m £16.7m Accelex Technology and Locum’s Nest £13.3m in 15 new companies and £8
Slide 6: Key Value Drivers in the Year
KEY VALUE DRIVERS IN THE YEAR 2025 Notes Oviva £10.3m Strong growth and €200m Series D Fundraising Tem-Energy £5.5m Strong growth and USD$75m Series B Fundraising Panaseer (£2.4m) Slowing growth Proveca (£3.2m) Delayed revenues from new products Other – write ups £11.5m Including: Convertr and Ellip
Slide 7: Portfolio Analysis
PORTFOLIO ANALYSIS Portfolio of over 70 companies employing 4,400+ people mostly in the UK 7 Comparatives for 31 December 2024 are in brackets.
Slide 8: Portfolio Analysis
PORTFOLIO ANALYSIS 8 Comparatives for 31 December 2024 are in brackets.
Slide 9: Top 3 Account for 30.8% of the NAV at 31 Dec 2025
TOP 3 ACCOUNT FOR 30.8% OF THE NAV AT 31 DEC 2025 Investment Cash Accounting Book Revenue Employee date invested* Cost** value growth growth £000 £000 £000 Global data and analytics software 100x 30 to company that specialises in 2017 3,869 21,632 51,401 since first investment over 800 contextual de
Slide 10: New Investments
NEW INVESTMENTS £2.4m £2.2m £1.7m £1.6m £1.5m Clstr (T/A Kinfolk) A platform for Focused on A communications is an AI agent streamlining A platform for FX reinforcement platform for system for access to care for risk management learning defence workforce minor health issues based animation operation
Slide 11: Follow-Ons
FOLLOW-ONS £1.3m £1.3m £1.0m £0.9m An enterprise API and AI-powered insights Quantum algorithms event management platform enabling food company accelerating platform that helps The leading commercial companies to meet practical quantum organisations manage all property software provider carbon neutr
Slide 12: The Impact of AI
THE IMPACT OF AI • Recent sell-off in the quoted software sector, driven by concerns around the impact of AI • Little distinction between the different companies in this space • Recent portfolio transaction activity supports our focus on themed, mission-critical solutions, particularly in highly reg
Slide 13: Investment Strategy
INVESTMENT STRATEGY Scalable and resilient businesses Deep domain expertise with globally scalable business models in resilient sectors Evergreen permanent capital Investing across cycles to help reduce volatility over time Risk adjusted returns in the context of VCT regulations Focus on opportuniti
Slide 14: 30 Years of Delivering Shareholder Value
30 YEARS OF DELIVERING SHAREHOLDER VALUE • 2026 marks 30 years of the first Albion VCT • Two important developments, effective from 1 July, to transform shareholder experience: • registrar services will move from Computershare to City Partnership • integrating our two existing Albion brands into a s
Slide 15: Prospects
PROSPECTS • Ongoing uncertainties • valuations of quoted software companies to remain volatile in the short term as markets assess the impact of AI • Well-balanced portfolio across target sectors and stage of maturity • Continued investment programme across new and existing companies • Good level of
Slide 16: Q1 2026 Results & Events
Q1 2026 RESULTS & EVENTS Shareholder seminar 2026 • NAV at 31 March 2026 of 70.39p • Decrease of 0.5% to the 31 December 2025 NAV 5 November 2026 • Virtual AGMs No.11 Cavendish Square, London W1G 0AN • Physical annual shareholder seminar To reserve a place, email • First dividend of 1.77p per share
Slide 17: Important information
This presentation is issued by Albion Capital Group LLP for information purposes only and is not to be regarded as an offer to buy or sell, or the solicitation to buy or sell shares in Albion Technology & General VCT PLC. Any person considering an investment should seek advice from an authorised fin
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