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Pennine Downing AIM VCT 2 PLC - Company Profile Snapshot
| Company Profile: |
Pennine Downing AIM VCT 2 PLC |
| Ticker: |
PND |
| Exchanges: |
LON |
| 2009 Sales: |
263,000 |
| Major Industry: |
Financial |
| Sub Industry: |
Investment Companies |
| Country: |
UNITED KINGDOM |
| Employees: |
0 |
Business Description
Pennine Downing AIM VCT 2 PLC. The Company's principal activity is that of a Venture Capital Trust. The objective of the Company is to maximise tax free income to Shareholders from dividends and capital distributions, while maintaining the Company's VCT Status. The Company revoked its status as an Investment Company on 29-Jun-2004 upon the payment of a capital distribution. The Company has been approved by the HM Revenue and Customs as a Venture Capital Trust for the purposes of Part 6 of the Income and Corporation Taxes Act 1988. Investment management services are provided by Rathbone Investment Management Ltd for a fee calculated at 1.8% of the Company's net assets per annum. Under the terms of the scheme of reconstruction, the annualfee has been reduced, for a period of two years from 16-Jan-2008, to 1.3% of the Company's net assets per annum.The agreement may be terminated by either party giving to the other not less than twelve months' notice in writing.
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The following information is available to subscribers or can be accessed by purchasing the Company Profile Report:
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- Address (mailing), Phone Number, Web Address
- Earnings/Dividends
- Employees
- Exchanges Listed
- Financial Ratio Analysis |
- Recent Stock Performance
- Sales (recent year)
- Senior Officers
- Shareholder Information
- Stock Analysis Summary |
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