14th Mar 2005 10:47
Proven VCT PLC14 March 2005 ProVen VCT plcSale of portfolio company14 March 2005 On 2 March 2005, ProVen VCT plc portfolio company Notability Solutions Limited("Notability") was acquired by Logicalis Group Ltd, the UK subsidiary ofJohannesburg Stock Exchange listed Datatec. As part of this transaction ProVenVCT plc sold its shareholding in Notability, realising a capital gain of £1.25million, or approximately 5.6 pence per ProVen VCT plc ordinary share. Most ofthis gain had already been reflected in the latest published net asset value forProVen VCT plc at 31 January 2005, announced on 28 February 2005, and thereforethe disposal does not materially affect the net asset value of ProVen VCT plc. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Proven Vct