Albion Enterprise VCT PLC

Interim Management Statement - Seite 2

The following material disposals were made during the period from 1 October 2020 to 31 December 2020:

Portfolio Company	£000s
G. Network Communications Limited	1,533	Disposal of investment on a cost of £273,000
Clear Review Limited	528	Disposal of investment on a cost of £256,000
Total proceeds	2,061

In addition to the above, our holding in the SVS Albion OLIM UK Equity Income Fund was exited with total proceeds (including dividends and management fees saved) of £4.11 million on cost of £4.99 million.

Top ten holdings (on 31 December 2020)

Investment	Carrying value £000s	% of net asset value	Activity
Egress Software Technologies Limited	10,954	14.1%	Encrypted email & file transfer service provider
Quantexa Limited	6,846	8.8%	Network analytics platform to detect financial crime
Proveca Limited	5,273	6.8%	Reformulation of paediatric medicines
Radnor House School (TopCo) Limited	2,909	3.7%	Independent school for children aged 3-18
Regenerco Renewable Energy Limited	2,148	2.8%	Generator of renewable energy from roof top solar installations
OmPrompt Holdings Limited	1,803	2.3%	A provider of process automation software
The Street by Street Solar Programme Limited	1,686	2.2%	Owner and operator of photovoltaic systems on domestic properties in the UK
Oviva AG	1,476	1.9%	A technology enabled service business in medical nutritional therapy (MNT)
Alto Prodotto Wind Limited	1,455	1.9%	Owner and operator of community scale wind energy projects on brownfield sites in the UK
Greenenerco Limited	1,364	1.8%	Owner and operator of a 500kW wind project in the UK

A full breakdown of the Company’s portfolio can be found on the Company’s webpage on the Manager’s website at www.albion.capital/funds/AAEV.