Proven VCT plc : Portfolio update

ProVen VCT plc
Portfolio Update
8 May 2013

ProVen 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 VCT investment at approximately £5.3 million. This equates to an increase on the last published net asset value of approximately 6.9 pence per ProVen VCT plc share based on the number of shares in issue at 30 April 2013.

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Source: Proven VCT plc via Thomson Reuters ONE

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