16 Feb 21 . Proven VCT NAV/Share 54.8P Vs 57.7P >PVN.LN LONDON (Dow Jones)--Proven VCT PLC (PVN.LN) Wednesday reported net asset value per share at Feb. 28 of 54.80 pence, down from 57.70 pence a year earlier. Plus growth, cover and dividend yield. The dividend policy of both VCTs is to target a dividend yield of 5% of NAV, with the possibility of special dividends in the event of large realisations. View Proven Growth & Income VCT plc (PGOO) ORD GBP0.016187 (PGOO) dividend dates and history including final, interim and special dividends. We saw gains in net asset value (NAV) of between 20% and 40% in 2020 for the likes of the Amati Aim VCT , where life-sciences businesses comprise 31% of the portfolio, and the Unicorn Aim VCT , 27%. 02-Aug-2010 03:53 PM . Portfolio watchlist. ProVen Growth & Income VCT's NAV fell to 58.6p from 68.4p year-on-year. Half-yearly report For the six months ended 31 August 2020. Both ProVen VCTs are now fully subscribed and the offer is closed. VCTs can provide tax-efficient access to well-researched private company assets, as part of a broadly-based investment portfolio. Of the overall profits of the company of £18.6 million, they received £7.7 million in management fees (i.e. ProVen VCT corrects IMS net asset value . During the six-month period, the net asset value (“NAV”) per share decreased from 82.2p to 76.4p at 31 August 2019. Company website: AIC ongoing charge (%) 2.41: AIC ongoing charge plus performance fee (%) 2.44 : AIC ongoing charge date: 29/02/2020: … ProVen Legacy plc Is designed to help investors mitigate inheritance tax (IHT) and preserve their capital. I commented on the results of ProVen VCT before their AGM on my blog. Established VCTs will typically invest in between 25 and 40 private companies, to create large and highly diversified portfolios. Ian brings more than 20 years of expertise in employee benefits as well as experience in building … Proven Vct Says HY NAV Per Share 76.40p. Many successful companies, from Watchfinder to Chargemaster, have come out of their stable. ProVen Growth & Income NAV falls 3.8%. It was spun out in 2019 from Premier Employment Solutions, an existing portfolio company of ProVen Legacy. During the period, the Total Return (NAV plus cumulative dividends paid) of the B Ordinary Share class has increased 2.8 pence per share from 121.3 pence per share at 31 March 2020 to … Proven Says Offer For Subscription Has Seen Strong Demand. ProVen VCT said its NAV as at February 29 was 70.1 pence per share, down 15% from 82.2p recorded at the end of financial 2019. NAV: ProVen VCT (Ordinary Share) +2.92%: Morningstar's Benchmark: Not Available--Announcements Announcements; Events & Activity Events & Activity; ProVen VCT plc: Interim Management Statement Jan 20 2021; ProVen VCT plc: Statement re Offer for Subscription - Additional Shares for Early Applications Jan 05 2021; ProVen VCT plc: Total voting rights Jan 01 2021; ProVen VCT … ProVen VCT,PVN,ISIN: GB00B8GH9P84 - view the latest price,charts and performance information at AJ Bell Youinvest •NAV return: 6.8% p.a. Top 10 Holdings . ProVen VCT plc is a closed-end fund incorporated in the United Kingdom. Cloud 8 is an employee benefits software platform. Northern VCTs. ProVen VCT plc: Fundraising update - Expected Close of Offer. The NAV of its C shares rose to 92.15p on a total return basis - up from . ProVen VCT plc: Fundraising update - Expected Close of Offer. ProVen VCT data as at: 15/10/2020 Primary tabs. Beringea manages the ProVen family of VCTs; ProVen VCT, ProVen Growth & Income VCT, and ProVen Planned Exit VCT. ProVen VCT plc Interim Management Statement for the three months ended 30 November 2020 ProVen VCT plc (the “Company”) presents an … PROVEN VCT PLC. The two ProVen VCTs – ProVen VCT (PVN) and ProVen Growth & Income VCT (PGI) – are the longest-standing VCTs with a focus on growth investing. The NAV … Overview; Performance & charting; Charges & gearing (active tab) Portfolio; Management; Capital structure; Charges. ProVen VCT plcInterim Management Statement for the three months ended 30 November 2020 ProVen VCT plc (the “Company”) presents an Interim Management Statement for the three month period ended 30 November 2020. ProVen VCT AGM Report. ProVen VCT: NAV total return: 4.0: 5.7: 20.0-9.4: 2.4: ProVen VCT: NAV cumulative total return: 9.1: 2.8: 23.1: N/A: 23.1: Interactive graph Data provided by Morningstar. Cloud 8 was founded by Ian Rummels, founder and CEO of PES. •Dividends: c. £101m •Buybacks: c. £32m •VCT Funds: c. £450m •Since 1 July 2019 the Albion VCTs have invested over £50m in 27 companies •And generated proceeds of £70 million from 7 exits . Follow us. Choose and store a selection of companies you can view and … Track Record Total NAV return over 10, 5 and 3 years to 30 June 2020 The graph sets out the performance of the VCTs … Proven VCT plc proposes final dividend . ProVen VCT plc Interim Management Statement for the three months ended 30 November 2020. The manager is also in line for a large … Company documents provided by FE fundinfo. I said: “Total return to shareholders was 10.3% last year, but the fund manager did even better. PROVEN GROWTH AND INCOME VCT PLCHalf-yearly report For the six months ended 31 August 2020Financial Summary 31 August 202031 August 201929 February 2020 Net asset value per share (“NAV”)55.30p63.2p58.6p Dividends paid since class launch (Originally as ‘C’ Shares)66.15p62.9p64.4p Total return (NAV … With over 250 years’ collective experience of investing in UK private companies, the Maven team has a proven … Indeed, a string of profitable exits in their recent history has resulted in … This strategy is designed to meet the … ProVen VCT … PROVEN GROWTH AND INCOME VCT PLC Half-yearly report For the six months ended 31 August 2020 Financial Summary 31 August 202031 August 201929 February 2020Net asset value per share (“NAV”)55.30p63.2p58.6pDividends paid since class launch (Originally as ‘C’ Shares)66.15p62.9p64.4pTotal return (NAV … ProVen VCT's NAV per share at August 31 was down 4.0% to 67.30 pence from 70.10p at the end of February. Net assets rose, however, by 91% to GBP114.9 million from GBP105.4 million. The statement also includes relevant financial information between the end of the … Net asset value. Investors should be able to benefit from up to 100% tax relief from IHT on the value of their shares, provided that they have been held for at least two years and at the time of death. *** This was paid to … The ProVen VCTs are managed by Beringea, a specialist venture capital fund manager which has been established for nearly 25 years 1.It is one of the most experienced managers of VCTs, having launched its first in 1996. PROVEN VCT PLCHalf-yearly report For the six months ended 31 August 2020Financial Summary 31 August 202031 August 201929 February 2020 Net asset value per share (“NAV”) 67.30p 76.40p 70.10p Dividends paid per share since conversion/ consolidation* 70.25p 66.25p 68.25p Total return (NAV plus … they received … On 25 March 2020 the Northern VCTs revalued their NAVs prior to allotting new shares, which is expected to take place on 2 April 2020. The NAV of ProVen VCT is 65.1p (down from 73.6p) and the NAV of ProVen Growth & Income VCT is now 54.6p (down from 61.3p). ProVen Growth is also pretty good at 4.5p per share, but the ProVen VCT realisations over the last six months have been simply outstanding. In August 2020, the shareholders approved the conversion of the Ordinary Share class into the B Ordinary Share class. It obviously means a big reduction in the NAV because (for ProVen VCT) the dividend equates to 25.3% of the NAV as at 1 March 2018. TIDMPVN ProVen VCT plc ProVen Growth and Income VCT plc Publication of Supplementary Prospectus 31 March 2020 ProVen VCT plc and ProVen Growth and Income VCT plc (the "Companies") published a prospectus on 27 January 2020 (comprising a summary, a securities note and a registration … ProVen VCT (Ordinary Share) NAV: 20.02-9.40-3.24: Discrete performance over 5 years 3 years 1 year. The net asset value of ProVen VCT's ordinary shares fell to 162.75p in the three months to the end of November on a total return basis - down from 163.65p at the end of August. On 22 October 2018 the Board paid a special dividend of 25.25p per share for ProVen VCT and 4.5p per share for ProVen Growth and Income VCT. I have pleasure in presenting the half year report for ProVen VCT plc (the “Company”) for the six months ended 31 August 2019. This decrease of 5.8p comprised a 3.3p decrease … ProVen Growth & Income VCT's net asset value per ordinary share fell by 3.8% in the six months to the end of August to 71.3p.