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 889,6729,760Popsa Holdings Limited *Unquoted Investment 1,5902,3793,969Netcall plcSoftware and Computer Services 3083,0973,405Craneware plcHealth Care Providers 1832,8122,995Idox PLCSoftware and Computer Services 3112,5682,879Brooks Macdonald Group plc **Investment Banking and Brokerage Services 7461,8672,613Aurrigo International plcTechnology Hardware and Equipment 1,6577892,446GB Group plc **Software and Computer Services 5051,5922,097Judges Scientific plcElectronic and Electrical Equipment 2361,8102,046Diaceutics plcHealth Care Providers 9309051,835Abingdon Health plcMedical Equipment and Services 2,515(775)1,740Beeks Financial Cloud Group plcSoftware and Computer Services 4051,3221,727Vertu Motors plcRetailers 1,2654341,699PCI-Pal plcSoftware and Computer Services 1,2943671,661SDI Group plcElectronic and Electrical Equipment 1791,4281,607Animalcare Group plcPharmaceuticals and Biotechnology 3061,0591,365Windar Photonics plcElectronic and Electrical Equipment 9362111,147Haydale Graphene Industries plcIndustrial Materials 1,857(722)1,135Gear4music Holdings plcLeisure Goods 5295671,096Ixico plcPharmaceuticals and Biotechnology 1,651(589)1,062EKF Diagnostics Holdings plcMedical Equipment and Services 7672741,041Equipmake Holdings plcElectronic and Electrical Equipment 2,121(1,112)1,009Nexteq plcTechnology Hardware and Equipment 507462969Strip Tinning Holdings plc (Loan) *Unquoted Investment 900-900Ilika plcElectronic and Electrical Equipment 1,058(172)886The Beauty Tech Group plc **Personal Care, Drug and Grocery Stores 8634867JTC plc **Investment Banking and Brokerage Services 601196797Applied Nutrition plc **Food Producers 505227732Itaconix plcGeneral Industrials 1,588(872)716Oberon Investments Group plcInvestment Banking and Brokerage Services 864(165)699Cranswick plc **Food Producers 60691697Wise plc **Industrial Support Services 545134679Gamma Communications plc **Telecommunications Service Providers 274.00401675GENinCode plcMedical Equipment and Services 2,481(1,815)666Cambridge Cognition Holdings plcHealth Care Providers 1,075(462)613Tan Delta Systems plcElectronic and Electrical Equipment 45370523Eden Research plcChemicals 1,620(1,121)499KRM 22 plcSoftware and Computer Services 927(435)492Bloomsbury Publishing plc **Media 629(181)448Mears Group plc **Industrial Support Services 139295434DP Poland plcTravel and Leisure 1,016(661)355Bytes Technology Group plc **Software and Computer Services 489(184)305Haydale Graphene Industries Plc (Loan) *Unquoted Investment 300-300Alusid Limited *Unquoted Investment 300-300GETECH Group plcOil, Gas and Coal 300(15)285MyCelx Technologies CorporationElectronic and Electrical Equipment 1,470(1,242)228Rosslyn Data Technologies plcSoftware and Computer Services 1,169(966)203TPXimpact Holdings plcSoftware and Computer Services 979(780)199Staffline Group plcIndustrial Goods and Services 334(169)165Gelion plcElectronic and Electrical Equipment 1,140(987)153Velocity Composites plcAerospace and Defense 799(649)150Crimson Tide plcSoftware and Computer Services 567(444)123Creo Medical Group plcMedical Equipment and Services 1,471(1,354)117Fusion Antibodies plcHealth Care Providers 745(638)107Verici Dx plcPharmaceuticals and Biotechnology 1,500(1,416)84XP Factory plcTravel and Leisure 988(907)81Feedback plcMedical Equipment and Services 1,500(1,422)78ENGAGE XR Holdings plcSoftware and Computer Services 1,879(1,802)77Strip Tinning Holdings plcElectronic and Electrical Equipment 506(438)68DXS International plcSoftware and Computer Services 300(255)45Northcoders Group plcSoftware and Computer Services 380(338)421Spatial plcSoftware and Computer Services 300(260)40TheraCryf plcPharmaceuticals and Biotechnology 1,050(1,026)24Tasty plcTravel and Leisure 516(511)5Genedrive PlcPharmaceuticals and Biotechnology 217(214)3Metir plcElectronic and Electrical Equipment 1,384(1,384)-Sorted Group Holdings plcSoftware and Computer Services 763(763)-Trackwise Designs plcTechnology Hardware and Equipment 1,934(1,934)-Cloudified Holdings LimitedSoftware and Computer Services 900(900)-Airnow Limited *Unquoted Investment 1,257(1,257)-Enteq Upstream plcOil, Gas and Coal 1,032(1,032)-Rated People Ltd *Unquoted Investment 354(354)-ReNeuron Group plcPharmaceuticals and Biotechnology 1,485(1,485)-The British Honey Company plcGeneral Retailers 1,321(1,321)-Verici Dx PlcPharmaceuticals and Biotechnology 51(51)-The Food Marketplace Ltd *Unquoted Investment 300(300)-LungLife AI IncPharmaceuticals and Biotechnology 2,079(2,079)-Libertine holdings plcIndustrial 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 8,1188,212
Source: Portfolio Update
