REG-Proven VCT plc : Net Asset Value

Proven VctAnnouncement

06/06/2018 10:40

  
ProVen VCT plc
 
Net Asset Value
 
6 June 2018
 
The Board of ProVen VCT plc (the "Company") is pleased to announce that Richemont Holdings UK, a subsidiary of the Swiss luxury group Compagnie Financière Richemont SA, has agreed to acquire 100% of the share capital of portfolio company Watchfinder, subject to legal and regulatory approval. Based on the expected completion proceeds, less a discount to reflect the risk of non-completion, the unaudited net asset value of the Company at 6 June 2018 is 110.0p per share.
 
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
 
Beringea LLP
Company Secretary
Telephone 0207 845 7820
   
- End 
  


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Source: Proven VCT plc via Globenewswire