Investment Update

By

Regulatory News | 11 Apr, 2019

Updated : 15:03

RNS Number : 9494V
Triple Point VCT 2011 PLC
11 April 2019
 

11 April 2019

 

Triple Point VCT 2011 plc

(the "Company")

INVESTMENT UPDATE

The Board of Triple Point VCT 2011 plc is pleased to announce that the new Venture Share class (known as The Venture Fund)  has completed its first two investments, into Augnet Ltd and MWS Technology Ltd.

The founding team of Augnet are former Skype executives who have developed a patent protected technology that enables SMS message to be tracked from origination to final delivery, providing a level of transparency and performance that does not exist in that market today. This is of particular importance to large corporate customers using messaging for everything from confirmation codes to marketing.

MWS's Aptem software service provides an end-to-end solution for apprenticeship and training providers to manage, serve and monitor their learner customers while complying with industry regulations

 

These investments are in line with the Company's investment criteria and risk and returns profile.

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP

(Investment Manager)

Tel: 020 7201 8989

Belinda Thomas

Jonathan Parr

Ian McLennan


 

The Company's LEI is 213800AOOAQA5XQDEA89

 

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/ 

 

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDGGUBACUPBGWG

Last news