Volta Finance expects to ride out uncertainty as net asset value grows
Volta Finance Ltd on Wednesday said its net asset value increased in a ‘positive six months’.
The Guernsey-based closed-end investment company said its net asset value per share rose 7.0% to €7.63 at the end of January from €7.13 at the end of July 2024.
Net asset value total return in the six-month period improved slightly to 11.3% from 11.1% a year prior.
The share price improved by 18% to €6.15 from €5.20 during the period.
Chair Dagmar Kershaw said: ‘Volta’s board... has been stating publicly for several months that we believed our share price was an anomaly and the large discount was not justified given the underlying performance of the assets, so it is a very welcome development to see some correction in value.’
Kershaw added: ‘We maintain our belief in the attractive opportunity that Volta offers amid market uncertainty.
‘We find ourselves in volatile and unpredictable times. However, we remain cautiously optimistic about the coming months and Volta’s ability to ride out any storms... Cashflow is strong and robust, the portfolio is well managed and our investment manager continues to find good opportunities to buy and trade.’
Shares in Volta Finance were down 0.8% to €6.40 in London on Wednesday afternoon.
Copyright 2025 Alliance News Ltd. All Rights Reserved.