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Neptune Calculus Income & Growth VCT

In 2005, Calculus Capital teamed up with Neptune Investment Management, a leading UK equity income fund manager, to create a unique and exciting VCT product, which combined Calculus Capital’s experience and skills in smaller private company investing with Neptune’s skills in managing large company UK listed income stocks. The Neptune-Calculus Income and Growth VCT plc was launched in February 2005 and is listed in the FTSE SmallCap Index [EPIC code: NEP].
The Fund is fully invested and is now closed for subscription. Click here for full details on the capital structure and financial profile of the Fund.

VCT Investment Strategy

The company’s investment strategy is to invest approximately 75 per cent of the company’s funds in a diverse portfolio of holdings in Qualifying Investments, including AIM traded companies, with many of these companies operating in traditional sectors of the economy. The VCT will not invest in start-ups and seed stage companies as the risks to its capital are regarded as unacceptably high by the Directors.
The balance of the VCT’s investments (the Non-Qualifying Investments) are managed by Neptune and can be invested in a combination of Neptune income funds, a portfolio of similar UK listed shares and money market instruments.

VCT Share Price

 Company Structure AIC Sector Stock Exchange
 Neptune-Calculus Income & Growth VCT Conventional VCT Generalist Pre-Qualifying Main

 
If you have any queries in respect of the Neptune-Calculus Income and Growth VCT plc please call the shareholder helpline:

  • Capita Registrars Helpline 0371 664 0324 or, if telephoning from outside the UK +44 20 3170 0187

Calls to the Capita Registrars 0371 664 0324 number are charged at 10 pence per minute (including VAT) plus any of your service provider’s network extras. Calls to the Capita Registrars +44 20 3170 0187 number from outside the UK are charged at applicable international rates. Different charges may apply to calls made from mobile telephones and calls may be recorded and monitored randomly for security and training purposes.  Lines are open from 8:30am – 5:30pm Monday to Friday. Fax 020 8639 2300.

VCT: Shareholder Information

Please see below for the latest statements, reports and accounts.
Report and Accounts – 31 December 2016
Net Asset Value – 30 September 2016
Half-yearly report for the six months to 30 June 2016
Notice of Annual General Meeting – 22 June 2017
 
Please see below for historical statements, reports and accounts.
Net Asset Value – 30 September 2016
Procedure for dealing with inside information – July 2016
Dealing Procedures Manual – July 2016
Dealing Code – July 2016
Half-yearly report for the six months to 30 June 2016
Results of AGM and special resolution – 17 May 2016
Total voting rights – 30 April 2016
Neptune Calculus Income and Growth VCT Home Member State announcement 26 February 2016
Report and Accounts 31 December 2015
Directors’ dealing – 16 December 2015
Half-yearly report for the six months to 30 June 2015
Result of AGM and special resolution – 16 May 2015
Transaction in own securities – 18 March 2016
Report and Accounts – 31 December 2014 
Announcement of Special Dividend – 30 January 2015
Disposal of Investment – 19 December 2014
Half-yearly report for the six months to 30 June 2014
Result of AGM and special resolution – 23 May 2014
Annual Information update – 4 April 2014
Interim Management Statement – 31 March 2014
Report and Accounts – 31 December 2013
Interim management statement – 30 September 2013
Half-yearly report for the six months to 30 June 2013
Interim Management Statement – 31 March 2013
Shareholder circular re Enhanced Buyback and Top up Offer
Report and Accounts – 31 December 2012
Interim Management Statement -30 September 2012
Half-yearly report for the six months to June 2012
Annual Information Update – 22 March 2012
Report and Accounts for the year ended 31 December 2011
Interim Management Statement – 30 September 2011
Half-yearly report for the 6 months to June 2011
Interim Management Statement – 18 May 2011
Total Voting Rights – 30 June 2011
Directorate Change – 21 June 2011
Directorate Change – 21 June 2011
Total Voting Rights – 31 May 2011
Results of AGM – 24 May 2011
Transaction in own Securities – 6 May 2011
Transaction in own Securities – 5 May 2011
Annual Information Update – 22 April 2011
Transaction in own securities
Report and Accounts for the year ended 31 December 2010
Interim Management Statement 18 November 2010
Half-yearly report for the six months to 30 June 2010
Result of AGM – 21 May 2010
Interim Management Statement 18 May 2010
Annual Information Update 22 April 2010
Report and Accounts for the year ended 31 December 2009
Interim Management Statement for the three months to 30 September 2009
Half-Yearly Report for the six months to 30 June 2009
Result of AGM – 29 May 2009
Appointment of Brokers – 23 April 2009
Interim Management Statement for the three months to 31 March 2009
Letter to C Shareholders – 24 March 2009
Report and Accounts for the year ended 31 December 2008
Director Dealing – 19 December 2008
Appointment of Brokers – 11 December 2008
Interim Management Statement for the three months to 30 September 2008
Half-Yearly Report for the six months to 30 June 2008
Interim Management Statement for the three months to 31 March 2008
Report and Accounts for the year ended 31 December 2007
Shareholders Update – December 2007
Interim Report for the six months to 30 June 2007
Shareholders Update – January 2007
Report and Accounts for the year ended 31 December 2006
Interim Report for the six months to 30 June 2006
Report and Accounts for the period 30 November 2004 to 31 December 2005
Shareholders Update – August 2005
Audit Committee Terms of Reference
 

Important Information

The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.

An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.

When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.

An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.

The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.

I have read and understood this important information

Important Information

The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.

An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.

When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.

An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.

The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.

I have read and understood this important information