Investment Trusts

Odyssean Investment Trust PLC

OIT:LSE

Odyssean Investment Trust PLC

  • Price (GBX)173.00
  • Today's Change-2.50 / -1.42%
  • Shares traded130.59k
  • 1 Year change11.61%
  • Beta1.0420
Data delayed at least 20 minutes, as of Sep 20 2024 16:35 BST.
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Profile data is unavailable for this security.

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
  • Location
    Odyssean Investment Trust PLCBeaufort House, 51 New North RoadEXETER EX4 4EPUnited KingdomGBR
  • Phone+44 20 3008 4910
  • Websitehttps://www.oitplc.com
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Profile

Management group(s)Odyssean Capital LLP
AIC sectorUK Smaller Companies
ISINGB00BFFK7H57
Launch date01 May 2018
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

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

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

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Schroder Income Growth Fund PLC-5.88m-9.23m204.80m0.00204.80m0.00
GCP Asset Backed Income Fund Ltd26.31m18.26m206.96m0.00206.96m0.00
Pembroke VCT PLC-2.04m-7.41m207.75m0.00207.75m0.00
INVESCO Asia Trust plc9.84m5.56m208.48m0.00208.48m0.00
Baronsmead Venture Trust PLC8.85m4.69m210.85m0.00210.85m0.00
Schroder UK Mid Cap Fund PLC21.55m18.07m213.02m0.00213.02m0.00
Ecofin Glbl Utlits and Infrstrc Trst PLC-4.33m-10.27m213.03m0.00213.03m0.00
CVC Income & Growth Ltd43.68m26.60m214.14m0.00214.14m0.00
Aquila European Renewables PLC-21.10m-25.05m216.66m--216.66m--
Diverse Income Trust PLC44.72m41.95m220.79m0.00220.79m0.00
TwentyFour Select Monthly Income Fnd Ltd40.25m37.93m223.57m0.00223.57m0.00
Odyssean Investment Trust PLC-4.05m-6.72m225.63m0.00225.63m0.00
Baronsmead Second Venture Trust PLC9.86m4.23m225.82m0.00225.82m0.00
British Smaller Companies VCT plc14.57m10.62m236.84m0.00236.84m0.00
Martin Currie Global Portfolio Trust PLC28.46m26.08m236.95m0.00236.95m0.00
Blackstone Loan Financing Ltd51.19m49.73m238.49m0.00238.49m0.00
Data as of Sep 20 2024. Currency figures normalised to Odyssean Investment Trust PLC's reporting currency: UK Pound GBX

Institutional shareholders

46.19%Per cent of shares held by top holders
HolderShares% Held
Harwood Capital LLPas of 19 Aug 202417.44m13.38%
Schroder & Co. Ltd.as of 19 Sep 202311.67m8.96%
Brewin Dolphin Ltd.as of 30 Apr 20237.70m5.91%
Investec Wealth & Investment Ltd.as of 21 Sep 20236.13m4.71%
Raymond James Investment Services Ltd.as of 30 Apr 20235.65m4.33%
Close Asset Management Ltd.as of 30 Apr 20235.47m4.20%
Hawksmoor Investment Management Ltd.as of 31 Oct 20232.29m1.75%
Wise Funds Ltd.as of 29 Feb 20242.24m1.72%
BlackRock Investment Management (UK) Ltd.as of 31 Aug 2024947.20k0.73%
Premier Fund Managers Ltd.as of 31 May 2024650.00k0.50%
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Data from 31 Oct 2023 - 03 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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