13th Dec 2007 10:08
The Income & Growth VCT plc (the "Company")
13 December 2007
The Board announces that The Income & Growth VCT plc has realised its investment in Ministry of Cake in full by the sale of that company to Greencore Group plc. This generated proceeds of ‚£1.74 million compared with original cost of ‚£0.7 million. The ‚£0.7 million excess of proceeds above the most recent valuation of ‚£1.04k is equivalent to a 1.9p increase in the Company's net asset value.
The Board intends to make the normal announcement of the Company's net asset value as at 31 December 2007 by the end of January 2008.
THE INCOME & GROWTH VCT PLCRelated Shares:
Inc&gwth Vct