Seneca Growth Capital VCT plc (SVCT) · LSE:SVCT
Seneca Growth Capital VCT plc (SVCT) — Seneca Growth Capital VCT — Investor Presentation (May 2025)
20 slides from Seneca Growth Capital VCT plc (SVCT)'s investor presentation, May 14, 2025
Slide 1: Investor Update Presentation 14 May 2025
Investor Update Presentation 14 May 2025 The presentation will begin at 11am
Slide 2: Important Notice
Seneca Growth Capital VCT Important Notice The following presentation, including a hard copy of these slides/the talks given by the presenters, the information with access to any additional information or to update the Presentation or to correct any inaccuracies in, or communicated during any delive
Slide 3: Welcome from the Team
Seneca Growth Capital VCT Welcome from the Team The VCT Board of Directors The Investment Team Ian Dighé Matt Currie Independent non-executive Investment Director Director and Chair of the Board Mary Anne Cordeiro Siobhan Pycroft* Senior Independent non-executive Head of VCT Operations Director Alex
Slide 4: B Share Pool 2024 and 2025 YTD Update
Seneca Growth Capital VCT B Share Pool 2024 and 2025 YTD Update 4
Slide 5: B Share Pool Update
Seneca Growth Capital VCT B Share Pool Update 2024 Update 2025 YTD Investments: Investments: £2 million deployed into 7 investments across 5 sectors A number of investments currently in DD X AIM quoted investments | X unquoted investments Exits: 1 Exits: 3 £200k £130k £143k £10k Optibiotix Health Pl
Slide 6: B Share NAV Movement
Seneca Growth Capital VCT B Share NAV Movement 30 September 2024 to 31 December 2024 to 31 March 2025 65.0p 60.0p 55.0p 1.4p 53.3p 1.8p 0.2p 1.0p NAV per Share in Pence (0.4)p 51.8p (3.0)p (1.5)p 0.1p 0.2p 49.8p 50.0p (2.8)p (0.1)p (0.4)p 45.0p 40.0p 35.0p 30.0p 6
Slide 7: Q4 2024 Private Company Progress
Seneca Growth Capital VCT Q4 2024 Private Company Progress Opening Closing Change in Original Carrying Carrying Carrying NAV Seneca Investment Carrying Value Value Company Value in the Movement 2024 Key Points View Date Value 31 Dec 31 Dec Period (Pence) (+,O,-) (£000) 2023 2024 % (£000) (£000) • An
Slide 8: Bright Network
BRIGHT NETWORK
Slide 9: Q4 2024 Private Company Progress
Seneca Growth Capital VCT Q4 2024 Private Company Progress Opening Change in Closing Original Carrying Carrying Carrying NAV Seneca Investment Carrying Value Value in Company Value Movement 2024 Key Points View Date Value 31 Dec the 31 Dec 2024 (Pence) (+,O,-) (£000) 2023 Period (£000) (£000) % • An
Slide 10: Slide 10
Slide 11: Increased Diversification and Private/Quoted Company Weighting
Seneca Growth Capital VCT B Share Pool Increased Diversification and Private/Quoted Company Weighting Investment split by sector as at 31st March 2025 % of portfolio in AIM vs unquoted as at 31st March 2025 6% 24% 6% 26% 27 Investee Private 18% Companies & AIM 21% 74% 20% Business Services 24% Manuf
Slide 12: B Share Pool – Continuing Focus on Exits
Seneca Growth Capital VCT B Share Pool – Continuing Focus on Exits These exits have continued to build our cumulative exit track record*: Full exits to date 6 Partial exits to date 5 Gross exit proceeds £5.8m Profits generated £1.6m Average money multiple 1.5x *From launch to 29 April 2025 Establish
Slide 13: Dividend Track Record and Total Return
Seneca Growth Capital VCT B Share Portfolio – Dividend Track Record and Total Return B Share Pool Total Return • Annual dividends of 3p since 2019 following launch of B share class 80 73.4 • Cumulative dividends of 18p paid to 31 Dec 69.8 69.8 67.8 70 2024 and a 1.5p per B share dividend declared on
Slide 14: Outlook
Outlook Seneca Growth Capital VCT 14
Slide 15: Outlook
Seneca Growth Capital VCT B Share Outlook Outlook • Focus on maximining value of existing holdings. • Support growth of private companies where performance and opportunity merit it. o Focus on cash runway and exit planning. • Continue to take profits from AIM investments where opportunity arises. o
Slide 16: Ordinary Share Pool 2024 and 2025 YTD Update
Seneca Growth Capital VCT Ordinary Share Pool 2024 and 2025 YTD Update 16
Slide 17: Ordinary Share Pool Overview - 2024
Seneca Growth Capital VCT Ordinary Share Pool Overview - 2024 Net Assets as at 31 December 2024: £1.4m (16.7p per share) 12% 13% AIM quoted (Scancell) 75% Ordinary Share Cash 13% Asset Exposure AIM quoted (Arecor) 12% 5 Unquoted investments (valued at zero) 0% 75% 17
Slide 18: Ordinary Share Pool Overview
Seneca Growth Capital VCT Ordinary Share Pool Overview Update on two key aspects of Ord Share Pool 1 2 NAV moves in line with Ord Share Pool’s Dividends two quoted investments Over the last 16 months we have realised £100k from Opening Value Closing Value Scancell shares, generating a 2.6x return on
Slide 19: Q&A
Seneca Growth Capital VCT Q&A Please send your questions to: enquiries@senecavct.co.uk 19
Slide 20: Investor Update Presentation
Investor Update Presentation For any enquiries regarding the Offer please contact us on 01942 295 981 or email siobhan.pycroft@senecapartners.co.uk
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