ProVen Growth and Income VCT plc
Portfolio Update
8 May 2013
ProVen Growth & Income VCT plc has signed a conditional sale and purchase agreement to sell 100% of its holding in portfolio company, Fjordnet Ltd to Accenture Holdings B.V, a subsidiary of Accenture (NYSE: ACN).
The terms agreed with Accenture value the ProVen Growth & Income VCT investment at approximately £7.2 million. This equates to an increase on the last published net asset value of approximately 8.7 pence per ProVen Growth & Income VCT plc share, based on the number of shares in issue at 30 April 2013.