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On 20 July 2026, PXN Growth VCT plc completed the sale of its holding in Street Group Limited to Hg Capital, generating a 4.4 times return on investment. This transaction resulted in an uplift of 12.58 pence per share (12.86%) to the Company's unaudited NAV as at 30 April 2026. Consequently, the effective unaudited NAV of the Company as at 20 July 2026 is 110.39 pence per share.
| Date | 22 Jul 2026 |
| Time | 09:23:59 |
| Category | Corporate updates |
| ID | 3941N |
PXN Growth VCT plc
LEI Code 9845004ZDC57AB064B97
July 2026
We are delighted to report that on the 20 July 2026, all conditions having been satisfied, PXN Growth VCT plc (the "Company") completed the sale of its holding in Street Group Limited to Hg Capital. The sale generated a 4.4 times return on investment for the Company.
The transaction generated an uplift of 12.58 pence per share (12.86%) to the Company's unaudited NAV as at 30 April 2026. As a result, the effective unaudited NAV of the Company as at 20th July 2026 is 110.39 pence per share.
This revised unaudited NAV is only reflective of the Street Group Limited exit and does not reflect a revaluation of the entire wider portfolio.
This announcement contains inside information for the purposes of Regulation 2014/596/EU (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) ("UK MAR"). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.
For any enquiries, please contact:
Jon Prescott
PXN Group Ltd