ACTIVE CAPITAL TRUST

Venture Capital Firm aims to realize value from the company's portfolio of investments. There will be a continuing evaluation of the portfolio in order to assess the most appropriate realization strategy to be pursued in relation to each investment. Whilst some investments may be considered appropriate for sale in the shorter term, other investments may be held for a longer period in order to enable their inherent value to be realized successfully. The strategy for realizing individual investments will be flexible and the strategy for a particular investment may need to be altered to reflect changes in the circumstances of that investment or market conditions.

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