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Proven VCT plc   -  PVN   

Proven VCT plc : Net Asset Value

Released 10:36 06-Jun-2018

Proven VCT plc : Net Asset Value

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




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven VCT plc via Globenewswire


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Proven VCT plc : Net Asset Value - RNS