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Portfolio Update

4 Dec 2013 14:12

THE INCOME & GROWTH VCT PLC - Portfolio Update

THE INCOME & GROWTH VCT PLC - Portfolio Update

PR Newswire

London, December 4

. The Income & Growth VCT plc ("the Company") 4 December 2013 Realisation of investment in Alaric Systems Limited The Board of The Income & Growth VCT plc is pleased to announce that theCompany has realised its investment in Alaric Systems Limited ("Alaric")through a sale to a subsidiary of NCR Corporation for cash proceeds of£2.55 million. Alaric provides payment processing and fraud preventionsoftware. This realisation has contributed to total receipts of £2.65 million by theCompany over the life of the investment, representing a return of over4.4 times original cost of £0.60 million. This investment was valued at 30 June 2013 at £1.10 million in the unauditedmanagement accounts of the Company. The Company may become entitled to receive additional sale proceeds of up to£0.5 million over the period to December 2017, which is currently held inescrow. This will be recognised, as and when appropriate, in future financialstatements. This realisation is equivalent to an increase of approximately 1.84 pence inthe published net asset value (NAV) per share at 30 June 2013 of 110.5 pence. The Directors intend to announce the audited NAV per share of the Company at30 September 2013 later this month. For further information, please contact: Robert Brittain, for Mobeus Equity Partners LLP, Company SecretaryTel: 020 7024 7000.
Date   Source Headline
30th Jan 201212:25 pmPRNIssue of Equity
20th Jan 20123:22 pmPRNPublication of Prospectus and Management Arrangements
20th Jan 20123:19 pmPRNPublication of Prospectus and Management Arrangements
20th Jan 20123:14 pmPRNPublication of Prospectus and Management Arrangements
9th Jan 201211:07 amPRNDoc re Annual Report - year ended 30 September 2012
23rd Dec 201112:36 pmPRNAnnual Financial Report
20th Dec 20111:21 pmPRNDividend Declaration
11th Nov 201112:06 pmPRNStatement re Realisation of Investment
26th Oct 20117:00 amPRNAgreement to dispose of App-DNA Group Limited
3rd Oct 201110:12 amPRNTotal Voting Rights
30th Sep 20112:15 pmPRNTransaction in Own Shares
31st Aug 20119:22 amPRNTotal Voting Rights
8th Aug 20114:35 pmPRNInterim Management Statement
8th Aug 20113:49 pmPRNTransaction in Own Shares
1st Aug 201112:47 pmPRNTotal Voting Rights
21st Jul 20111:06 pmPRNStatement re Realisation of Original Additions
6th Jul 20114:15 pmPRNIssue of Equity
4th Jul 20119:34 amPRNTotal Voting Rights
27th Jun 20114:24 pmPRNTransaction in Own Shares
8th Jun 201110:17 amPRNDoc re Half Yearly Report 2011
31st May 20113:39 pmPRNTotal Voting Rights
31st May 20113:30 pmPRNTransaction in Own Shares
26th May 20113:33 pmPRNHalf-year Report
23rd May 201110:37 amPRNOffer Update and Issue of Supplementary Prospectus
10th May 20114:17 pmPRNIssue of Equity - CORRECTION
10th May 20113:26 pmPRNIssue of Equity
28th Apr 201111:22 amPRNTotal Voting Rights
21st Apr 20114:22 pmPRNOffer Update - Extension of Offer
7th Apr 20111:15 pmPRNIssue of Equity - AMENDMENT
6th Apr 201110:25 amPRNIssue of Equity
4th Apr 201112:21 pmPRNIssue of Equity
31st Mar 20115:36 pmPRNTotal Voting Rights
30th Mar 20119:26 amPRNDirector/PDMR Shareholding
30th Mar 20119:24 amPRNIssue of Equity
29th Mar 20114:58 pmPRNOffer Update and Issue of Supplementary Prospectus
28th Mar 20114:41 pmPRNTransaction in Own Shares
23rd Mar 20111:43 pmPRNIssue of Equity
28th Feb 20115:41 pmPRNIssue of Equity
28th Feb 201110:03 amPRNTotal Voting Rights
22nd Feb 20113:53 pmPRNDirector/PDMR Shareholding
22nd Feb 20113:50 pmPRNIssue of Equity
22nd Feb 201112:18 pmPRNTransaction in Own Shares
16th Feb 20111:32 pmPRNInterim Management Statement
16th Feb 20111:29 pmPRNAGM Statement
1st Feb 20112:20 pmPRNTotal Voting Rights
24th Jan 20119:46 amPRNDirector/PDMR Shareholding
24th Jan 20119:41 amPRNIssue of Equity
17th Jan 20112:16 pmPRNTransaction in Own Shares
4th Jan 20119:36 amPRNTotal Voting Rights
23rd Dec 20105:05 pmPRNAnnual Information Update

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