Financial Highlights
Continued Net Asset Value ('NAV') growth over the half year of 6.3% to £1,371.4 (31 December 2015: £1,290.2 million) with NAV per share over the same period increasing 6.1% to 138.2 pence (31 December 2015: 130.2 pence)
Half year 2016 fully covered cash dividend of 3.325 pence per share declared (30 June 2015: 3.225 pence per share)
Minimum target dividend for 2016 financial year of 6.65 pence per share and 2017 of 6.82 pence per share, an average annual increase of c.2.5%3
IFRS profit before tax of £109.6 million (30 June 2015: £38.4 million)
Total Shareholder Return since listing in 2006 of 139.2%, compared to 55.6% on the FTSE All Share over that same period4
Following robust portfolio growth, new investments and a significantly oversubscribed £125 million capital raise in July 2016, c.36% increase in market capitalisation to £1.5 billion (30 June 2015: £1.1 billion)
