| Investee Company |
Sector |
Book cost (£000) |
Movement in valuation (£000) |
Fair Value (£000) |
| GB Group plc |
Software and Computer Services |
663 |
5,871 |
6,534 |
| Learning Technologies Group plc |
Software and Computer Services |
1,118 |
4,145 |
5,263 |
| Breedon Group plc |
Construction and Materials |
859 |
3,863 |
4,722 |
| Craneware plc |
Finance and Credit Services |
183 |
3,060 |
3,243 |
| Brooks Macdonald Group plc |
Investment Banking and Brokerage Services |
746 |
2,209 |
2,955 |
| Ixico plc |
Pharmaceuticals, Biotechnology |
1,127 |
1,731 |
2,858 |
| Mattioli Woods plc |
Investment Banking and Brokerage Services |
529 |
2,322 |
2,851 |
| Ergomed plc |
Pharmaceuticals, Biotechnology |
1,440 |
1,376 |
2,816 |
| Quixant plc |
Technology Hardware and Equipment |
587 |
1,782 |
2,369 |
| Judges Scientific plc |
Electronic and Electrical Equipment |
314 |
1,894 |
2,208 |
| Creo Medical Group plc |
Medical Equipment and Services |
1,471 |
694 |
2,165 |
| Sosandar plc |
Retailers |
1,498 |
449 |
1,947 |
| EKF Diagnostics Holdings plc |
Medical Equipment and Services |
931 |
841 |
1,772 |
| Popsa Holdings Ltd* |
Software and Computer Services |
960 |
796 |
1,756 |
| IDOX plc |
Software and Computer Services |
353 |
1,251 |
1,604 |
| Cello Group plc |
Health Care Providers |
895 |
618 |
1,513 |
| Adept Telecom plc |
Telecommunications Service Providers |
601 |
874 |
1,475 |
| RWS Holdings plc |
Industrial Support Services |
143 |
1,317 |
1,460 |
| Equals Group plc |
Industrial Support Services |
948 |
490 |
1,438 |
| Scientific Digital Imaging plc |
Medical Equipment and Services |
179 |
1,129 |
1,308 |
| Next Fifteen Communications Group plc |
Media |
515 |
710 |
1,225 |
| Diaceutics plc |
Health Care Providers |
930 |
232 |
1,162 |
| Advanced Medical Solutions Group plc |
Medical Equipment and Services |
743 |
369 |
1,112 |
| Gamma Communications plc |
Telecommunications Service Providers |
366 |
738 |
1,104 |
| Gooch & Housego plc |
Technology Hardware and Equipment |
422 |
681 |
1,103 |
| Intelligent Ultrasound Group plc |
Medical Equipment and Services |
1,199 |
(120) |
1,079 |
| Vertu Motors plc |
Retailers |
1,265 |
(188) |
1,077 |
| Nasstar plc |
Software and Computer Services |
481 |
586 |
1,067 |
| The Panoply Holdings plc |
Software and Computer Services |
979 |
79 |
1,058 |
| Hasgrove plc* |
Media |
88 |
899 |
987 |
| Access Intelligence plc |
Software and Computer Services |
806 |
178 |
984 |
| Clinigen Group plc |
Pharmaceuticals, Biotechnology |
701 |
265 |
966 |
| Osirium Technologies plc |
Software and Computer Services |
1,950 |
(1,025) |
925 |
| C4X Discovery plc |
Pharmaceuticals, Biotechnology |
900 |
0 |
900 |
| Animalcare Group plc |
Pharmaceuticals, Biotechnology |
306 |
591 |
897 |
| Gear4music Holdings plc |
Leisure Goods |
557 |
285 |
842 |
| Restore plc |
Industrial Support Services |
256 |
549 |
805 |
| Beeks Financial Cloud Group plc |
Software and Computer Services |
450 |
297 |
747 |
| Netcall plc |
Software and Computer Services |
308 |
432 |
740 |
| VR Education Holdings plc |
Software and Computer Services |
1,033 |
(362) |
671 |
| Renalytix plc |
Medical Equipment and Services |
307 |
327 |
634 |
| Trackwise Designs plc |
Technology Hardware and Equipment |
1,050 |
(450) |
600 |
| Cloudcall Group plc |
Software and Computer Services |
570 |
11 |
581 |
| Maxcyte Inc |
Pharmaceuticals, Biotechnology |
1,035 |
(485) |
550 |
| MyCelx Technologies Corporation |
Gas, Water and Multi-utilities |
1,470 |
(933) |
537 |
| Nektan Limited |
Travel and Leisure |
1,345 |
(813) |
532 |
| Vectura Group plc |
Pharmaceuticals, Biotechnology |
498 |
(16) |
482 |
| Falanx Group Limited |
Industrial Support Services |
900 |
(420) |
480 |
| Fusion Antibodies plc |
Health Care Providers |
577 |
(99) |
478 |
| PCI-Pal plc |
Industrial Support Services |
720 |
(304) |
416 |
| Omega Diagnostics Group plc |
Medical Equipment and Services |
465 |
(82) |
383 |
| Staffline Recruitment Group plc |
Industrial Support Services |
334 |
24 |
358 |
| KRM22 plc |
Closed End Investments |
681 |
(327) |
354 |
| WANdisco plc |
Software and Computer Services |
145 |
197 |
342 |
| TP Group plc |
Aerospace and Defense |
648 |
(313) |
335 |
| appScatter Group plc* |
Software |
1,257 |
(924) |
333 |
| Mears Group plc |
Support Services |
139 |
166 |
305 |
| Enteq Upstream plc |
Oil, Gas and Coal |
1,032 |
(743) |
289 |
| LoopUp Group plc |
Software and Computer Services |
460 |
(175) |
285 |
| Microsaic Systems plc |
Electronic and Electrical Equipment |
1,384 |
(1,126) |
258 |
| Velocity Composites plc |
Aerospace and Defense |
799 |
(545) |
254 |
| Cambridge Cognition Holdings plc |
Health Care Providers |
601 |
(386) |
215 |
| DP Poland plc |
Travel and Leisure |
1,016 |
(803) |
213 |
| Escape Hunt plc |
Travel and Leisure |
988 |
(827) |
161 |
| Rated People Ltd* |
Software |
354 |
(222) |
132 |
| Brady plc |
Software and Computer Services |
613 |
(483) |
130 |
| Fusionex International plc* |
Software |
282 |
(164) |
118 |
| ReNeuron Group plc |
Pharmaceuticals, Biotechnology |
324 |
(246) |
78 |
| Maestrano Group plc |
Software and Computer Services |
636 |
(585) |
51 |
| Dods Group plc |
Media |
203 |
(152) |
51 |
| Tasty plc |
Travel and Leisure |
622 |
(577) |
45 |
| Genedrive Plc |
Pharmaceuticals, Biotechnology |
210 |
(168) |
42 |
| 1Spatial plc |
Software and Computer Services |
300 |
(270) |
30 |
| Diurnal Group plc |
Pharmaceuticals, Biotechnology |
132 |
(111) |
21 |
| Midatech Pharma plc |
Pharmaceuticals, Biotechnology |
600 |
(591) |
9 |
| Location Sciences Group plc |
Software and Computer Services |
763 |
(756) |
7 |
| Haydale Graphene Industries plc |
Industrial Materials |
598 |
(593) |
5 |
| Bond International Software plc* |
Software |
2 |
0 |
2 |