Octopus AIM VCT plc
Portfolio Update
The investment portfolio of Octopus AIM VCT plc (the "Company") as at 9 January 2026 is as follows (the valuations being the unaudited valuations, at bid price, as at 30 November 2025):
Investee Company
Sector
Book cost (£000)
Movement in valuation (£000)
Fair Value
(£000)
Hasgrove Limited *&***
Unquoted Investment
88
9,672
9,760
Popsa Holdings Limited *
Unquoted Investment
1,590
2,379
3,969
Netcall plc
Software and Computer Services
308
3,097
3,405
Craneware plc
Health Care Providers
183
2,812
2,995
Idox PLC
Software and Computer Services
311
2,568
2,879
Brooks Macdonald Group plc **
Investment Banking and Brokerage Services
746
1,867
2,613
Aurrigo International plc
Technology Hardware and Equipment
1,657
789
2,446
GB Group plc **
Software and Computer Services
505
1,592
2,097
Judges Scientific plc
Electronic and Electrical Equipment
236
1,810
2,046
Diaceutics plc
Health Care Providers
930
905
1,835
Abingdon Health plc
Medical Equipment and Services
2,515
(775)
1,740
Beeks Financial Cloud Group plc
Software and Computer Services
405
1,322
1,727
Vertu Motors plc
Retailers
1,265
434
1,699
PCI-Pal plc
Software and Computer Services
1,294
367
1,661
SDI Group plc
Electronic and Electrical Equipment
179
1,428
1,607
Animalcare Group plc
Pharmaceuticals and Biotechnology
306
1,059
1,365
Windar Photonics plc
Electronic and Electrical Equipment
936
211
1,147
Haydale Graphene Industries plc
Industrial Materials
1,857
(722)
1,135
Gear4music Holdings plc
Leisure Goods
529
567
1,096
Ixico plc
Pharmaceuticals and Biotechnology
1,651
(589)
1,062
EKF Diagnostics Holdings plc
Medical Equipment and Services
767
274
1,041
Equipmake Holdings plc
Electronic and Electrical Equipment
2,121
(1,112)
1,009
Nexteq plc
Technology Hardware and Equipment
507
462
969
Strip Tinning Holdings plc (Loan) *
Unquoted Investment
900
-
900
Ilika plc
Electronic and Electrical Equipment
1,058
(172)
886
The Beauty Tech Group plc **
Personal Care, Drug and Grocery Stores
863
4
867
JTC plc **
Investment Banking and Brokerage Services
601
196
797
Applied Nutrition plc **
Food Producers
505
227
732
Itaconix plc
General Industrials
1,588
(872)
716
Oberon Investments Group plc
Investment Banking and Brokerage Services
864
(165)
699
Cranswick plc **
Food Producers
606
91
697
Wise plc **
Industrial Support Services
545
134
679
Gamma Communications plc **
Telecommunications Service Providers
274.00
401
675
GENinCode plc
Medical Equipment and Services
2,481
(1,815)
666
Cambridge Cognition Holdings plc
Health Care Providers
1,075
(462)
613
Tan Delta Systems plc
Electronic and Electrical Equipment
453
70
523
Eden Research plc
Chemicals
1,620
(1,121)
499
KRM 22 plc
Software and Computer Services
927
(435)
492
Bloomsbury Publishing plc **
Media
629
(181)
448
Mears Group plc **
Industrial Support Services
139
295
434
DP Poland plc
Travel and Leisure
1,016
(661)
355
Bytes Technology Group plc **
Software and Computer Services
489
(184)
305
Haydale Graphene Industries Plc (Loan) *
Unquoted Investment
300
-
300
Alusid Limited *
Unquoted Investment
300
-
300
GETECH Group plc
Oil, Gas and Coal
300
(15)
285
MyCelx Technologies Corporation
Electronic and Electrical Equipment
1,470
(1,242)
228
Rosslyn Data Technologies plc
Software and Computer Services
1,169
(966)
203
TPXimpact Holdings plc
Software and Computer Services
979
(780)
199
Staffline Group plc
Industrial Goods and Services
334
(169)
165
Gelion plc
Electronic and Electrical Equipment
1,140
(987)
153
Velocity Composites plc
Aerospace and Defense
799
(649)
150
Crimson Tide plc
Software and Computer Services
567
(444)
123
Creo Medical Group plc
Medical Equipment and Services
1,471
(1,354)
117
Fusion Antibodies plc
Health Care Providers
745
(638)
107
Verici Dx plc
Pharmaceuticals and Biotechnology
1,500
(1,416)
84
XP Factory plc
Travel and Leisure
988
(907)
81
Feedback plc
Medical Equipment and Services
1,500
(1,422)
78
ENGAGE XR Holdings plc
Software and Computer Services
1,879
(1,802)
77
Strip Tinning Holdings plc
Electronic and Electrical Equipment
506
(438)
68
DXS International plc
Software and Computer Services
300
(255)
45
Northcoders Group plc
Software and Computer Services
380
(338)
42
1Spatial plc
Software and Computer Services
300
(260)
40
TheraCryf plc
Pharmaceuticals and Biotechnology
1,050
(1,026)
24
Tasty plc
Travel and Leisure
516
(511)
5
Genedrive Plc
Pharmaceuticals and Biotechnology
217
(214)
3
Metir plc
Electronic and Electrical Equipment
1,384
(1,384)
-
Sorted Group Holdings plc
Software and Computer Services
763
(763)
-
Trackwise Designs plc
Technology Hardware and Equipment
1,934
(1,934)
-
Cloudified Holdings Limited
Software and Computer Services
900
(900)
-
Airnow Limited *
Unquoted Investment
1,257
(1,257)
-
Enteq Upstream plc
Oil, Gas and Coal
1,032
(1,032)
-
Rated People Ltd *
Unquoted Investment
354
(354)
-
ReNeuron Group plc
Pharmaceuticals and Biotechnology
1,485
(1,485)
-
The British Honey Company plc
General Retailers
1,321
(1,321)
-
Verici Dx Plc
Pharmaceuticals and Biotechnology
51
(51)
-
The Food Marketplace Ltd *
Unquoted Investment
300
(300)
-
LungLife AI Inc
Pharmaceuticals and Biotechnology
2,079
(2,079)
-
Libertine holdings plc
Industrial Engineering
3,000
(3,000)
-
Since 30 November 2025 Octopus AIM VCT plc has made £3.7 million investments and £9.6 million disposals.
Unless otherwise stated, all the investments set out above:
-
are not quoted on regulated markets for the purpose of the Prospectus Regulation (AIM is not a regulated market for this purpose);
-
represent equity investments except in the case of Strip Tinning Holdings plc and Haydale Graphene Industries plc which include investment through loan stock; and
-
are in portfolio companies incorporated in the UK with the exception of:
Cloudified Holdings Limited - British Virgin Islands
ENGAGE XR Holdings plc - Republic of Ireland
JTC plc - Jersey
LungLife AI Inc – USA - USA
MyCelx Technologies Corporation – USA
Windar Photonics – Denmark
* Denotes unlisted company
** Denotes company listed on the main market of the London Stock Exchange
*** Sale completed post 30 November 2025
Current Asset Investments (unaudited)
| Portfolio Company |
Book cost (£'000) |
Fair Value (£'000) |
|---|---|---|
| FP Octopus UK Microcap Growth Fund |
8,118 |
8,212 |
| FP Octopus UK Multi Cap Income Fund |
2,697 |
3,406 |
| FP Octopus UK Future Generations Fund |
2,526 |
2,431 |
| JPMorgan Sterling Liquidity Fund |
10,141 |
10,141 |
| BlackRock ICS Sterling Liquidity Fund |
10,202 |
10,202 |
| HSBC Sterling Liquidity Fund |
10,188 |
10,188 |
Since 30 November 2025 the Company has disposed of £0.9m from current asset investments.
The capitalisation of Octopus AIM VCT plc as at 30 November 2025 was as follows:
Shareholders' Equity
£'000s
Called up Equity Share Capital
2,317
Legal reserves
0
Other reserves
110,671
Total
112,988
There has been no material change to the capitalisation since 30 November 2025.
For further information please contact:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
LEI: 213800C5JHJUQLAFP619
