REG - The Inc & Grwth VCT - Realisation of investment in My Tutorweb Limited

Income and Growth VCTAnnouncement

02/06/2025 07:00

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RNS Number : 8955K  Income & Growth VCT (The) PLC  02 June 2025

The Income & Growth VCT plc

(the "Company")

LEI:  213800FPC15FNM74YD92

 

2 June 2025

 

Realisation of investment in My Tutorweb Limited

The Company is announcing the sale of its investment in My Tutorweb Limited.
The Company has received £2.65 million in cash from the sale.

In isolation, the impact of this sale on the Company's latest announced
unaudited NAV per share of 64.96 pence at 31 December 2024 (adjusted for a
dividend of 2.50 pence paid on 11 April 2025), would be an increase of 0.45
pence per share. The Company emphasises that the increase in NAV per share
from this realisation is in isolation from other changes in the Company's
balance sheet, including valuation and other transaction movements in the
Company's investment portfolio, that may also have affected the NAV per share
at 31 December 2024. A small amount of escrow proceeds may be receivable in
due course.

The Company will be announcing its NAV per share at 31 March 2025 as part of
its Half Year Report in mid-June.

 

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

+44 (0)20 7382 0999

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