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On 02 June 2025, The Income & Growth VCT plc announced the sale of its investment in My Tutorweb Limited. The Company received £2.65 million in cash from this sale, which, in isolation, would increase its latest announced unaudited NAV per share (64.96 pence at 31 December 2024, adjusted for a 2.50 pence dividend paid 11 April 2025) by 0.45 pence per share.
| Date | 2 Jun 2025 |
| Time | 07:00:09 |
| Category | Miscellaneous |
| ID | 8955K |
The Income & Growth VCT plc
(the "Company")
LEI: 213800FPC15FNM74YD92
2 June 2025
Realisation of investment in My Tutorweb Limited
The Company is announcing the sale of its investment in My Tutorweb Limited. The Company has received £2.65 million in cash from the sale.
In isolation, the impact of this sale on the Company's latest announced unaudited NAV per share of 64.96 pence at 31 December 2024 (adjusted for a dividend of 2.50 pence paid on 11 April 2025), would be an increase of 0.45 pence per share. The Company emphasises that the increase in NAV per share from this realisation is in isolation from other changes in the Company's balance sheet, including valuation and other transaction movements in the Company's investment portfolio, that may also have affected the NAV per share at 31 December 2024. A small amount of escrow proceeds may be receivable in due course.
The Company will be announcing its NAV per share at 31 March 2025 as part of its Half Year Report in mid-June.
For further information, please contact:
Gresham House Asset Management Limited
Company Secretary
+44 (0)20 7382 0999