North 3 VCT ​​(GB:NTN) has released an update.

Northern 3 VCT ​​PLC reports an increase in net assets from £113.0m to £122.5m for the year ending March 31, 2024, with a decline in net asset value per share from 91.6p to 89.3p. The venture capital fund saw robust investment performance, with notable exits such as Evotix delivering returns of up to 4.9 times costs and a commitment to a conservative valuation policy amid market fluctuations. A final dividend of 2.2p per share is proposed to shareholders, maintaining an annual dividend yield of 4.5% of the opening NAV per share.

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