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About the company
Odyssean Investment Trust PLC is a United Kingdom-based closed-ended investment company. The Company's investment objective is to achieve attractive total returns per share principally through capital growth over a long-term period. It primarily invests in smaller company equities quoted on markets operated by the London Stock Exchange, where the portfolio manager believes the securities are trading below intrinsic value and where this value can be increased through strategic, operational, management and/or financial initiatives. Where the Company owns an influencing stake, it will engage with other stakeholders to help improve value. The Company may, at times, invest in securities quoted on other recognized exchanges and/or unquoted securities. The Company may hold cash in the portfolio from time to time to maintain investment flexibility. There is no limit on the amount of cash which may be held by the Company from time to time. Its investment manager is Odyssean Capital LLP.
- Revenue in GBP (TTM)-4.05m
- Net income in GBP-6.72m
- Incorporated2017
- Employees0.00
- LocationOdyssean Investment Trust PLCBeaufort House, 51 New North RoadEXETER EX4 4EPUnited KingdomGBR
- Phone+44 20 3008 4910
- Websitehttps://www.oitplc.com
Profile
Management group(s) | Odyssean Capital LLP |
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AIC sector | UK Smaller Companies |
ISIN | GB00BFFK7H57 |
Launch date | 01 May 2018 |
Share type | Ordinary Share |
Structure | Investment Trust |
Base currency | GBP |
Objective
The investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long term period. The company will primarily invest in smaller company equities quoted on markets operated by the London Stock Exchange, where the Portfolio Manager believes the securities are trading below intrinsic value and where this value can be increased through strategic, operational, management and/or financial initiatives.The Company may, at times, invest in securities quoted on other recognised exchanges and/or unquoted securities.
Managed by
Stuart Widdowson, Edward Wielechowski |
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Management & contract fees
Management fee is calculated by 1% p.a. of the NAV and 1% p.a. of the market cap of the company. Performance fee will be entitled to 10% of the Excess Amount multiplied by the time weighted average number of Ords. Agreement for an initial term of 12 months, terminable by giving not less than 6 months notice.
Peer analysis
Company | Revenue (TTM) | Net income (TTM) |
---|---|---|
City of London Investment Group PLC | 55.18m | 13.60m |
Schroder Income Growth Fund PLC | 40.94m | 37.32m |
AVI Japan Opportunity Trust PLC | 32.81m | 30.99m |
Foresight VCT Plc | 28.97m | 21.97m |
Baronsmead Venture Trust PLC | 8.85m | 4.69m |
Odyssean Investment Trust PLC | -4.05m | -6.72m |
Schroder UK Mid Cap Fund PLC | 21.55m | 18.07m |
Pembroke VCT PLC | -5.17m | -10.47m |
Aquila European Renewables PLC | -27.76m | -31.58m |
Ecofin Glbl Utlits and Infrstrc Trst PLC | -4.33m | -10.27m |
CVC Income & Growth Ltd | 39.81m | 20.74m |
Diverse Income Trust PLC | 44.72m | 41.95m |
Baronsmead Second Venture Trust PLC | 9.86m | 4.23m |
Income and Growth VCT PLC | 12.36m | 9.11m |
INVESCO Asia Trust plc | 9.84m | 5.56m |
Martin Currie Global Portfolio Trust PLC | 18.46m | 15.85m |
Institutional shareholders
Holder | Shares | % Held |
---|---|---|
Harwood Capital LLPas of 19 Aug 2024 | 17.44m | 13.37% |
Schroder & Co. Ltd.as of 19 Sep 2023 | 11.67m | 8.94% |
Raymond James Investment Services Ltd.as of 31 Mar 2024 | 8.98m | 6.88% |
Brewin Dolphin Ltd.as of 31 Mar 2024 | 7.11m | 5.45% |
Close Asset Management Ltd.as of 31 Mar 2024 | 7.07m | 5.42% |
Investec Wealth & Investment Ltd.as of 31 Mar 2024 | 5.60m | 4.29% |
Hawksmoor Investment Management Ltd.as of 31 Oct 2023 | 2.29m | 1.75% |
Wise Funds Ltd.as of 29 Mar 2024 | 2.24m | 1.72% |
BlackRock Investment Management (UK) Ltd.as of 30 Sep 2024 | 939.69k | 0.72% |
Premier Fund Managers Ltd.as of 31 Jul 2024 | 600.00k | 0.46% |