Seneca Growth Capital VCT Plc
Unaudited Net Asset Value ("NAV")
The Directors of Seneca Growth Capital VCT Plc (the "Company") and the Investment Manager of the Company, Seneca Partners Limited ("Seneca"), have reviewed the valuation of the Company's investment portfolios for the quarter ending 30 September 2026 and announce an updated NAV for each of the Company's Ordinary and B share classes as at 30 September 2026.
For the purposes of calculating the NAV per share for both share classes, quoted investments are valued in line with closing bid prices as at 30 September 2026 and unquoted investments are carried at fair value.
B share NAV as at 30 September 2026
As at 30 September 2026, the unaudited B share NAV was 36.7p per share, a 0.1p increase from the previously published unaudited NAV as at 30 June 2026 of 36.6p.
The 0.1p increase in NAV was due to a slight net increase in the value of the B share pool's quoted holdings. The valuations of the B share pool's unquoted investments remained unchanged compared with 30 June 2026.
Total Return as at 30 September 2026 was 57.7p per share, compared with 57.6p as at 30 June 2026.
Following the quarter end, a dividend of 1.5p per B share was paid on 2 October 2026. The effect of this payment, before any other movements in NAV, was to reduce the NAV per B share from 36.7p to 35.2p.
Ordinary share NAV as at 30 September 2026
As at 30 September 2026, the unaudited Ordinary share NAV was 9.7p per share, a 23% decrease from the previously published unaudited NAV as at 30 June 2026 of 12.6p.
The 2.9p decrease in NAV was principally due to the decrease in the share price of AIM-quoted Scancell Holdings Plc. The valuations of the Ordinary share pool's unquoted investments remained unchanged compared with 30 June 2026.
Total Return as at 30 September 2026 was 90.9p per share, compared with 93.8p as at 30 June 2026.
Following the quarter end, a dividend of 4.0p per Ordinary share was paid on 2 October 2026. The effect of this payment, before any other movements in NAV, was to reduce the NAV per Ordinary share from 9.7p to 5.7p.
This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this information is now considered to be in the public domain.
For further information, please contact:
Richard Manley, Seneca Growth Capital VCT Plc at Richard.Manley@senecapartners.co.uk
Siobhan Pycroft, Seneca Partners Limited at Siobhan.Pycroft@senecapartners.co.uk
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