ProVen Planned Exit VCT Plc
LATEST NEWS
VCT scam alert – Hannover & Rothchild Consultancy
29 March 2012 - We have been made aware of shareholders in ProVen Health VCT plc (PHV) having received unsolicited calls and correspondence from a company called Hannover & Rothchild Consultancy in connection with their shareholding. Please note that PHV and manager Beringea LLP are in no way connected to this company and we believe the information being given out to be incorrect. We have advised the Financial Services Authority.
ProVen Planned Exit VCT is a limited life VCT that makes VCT qualifying investments which have a lower risk profile than those made by traditional VCTs. The aim is to realise these investments between 5 and 6 years from launch and return the resulting cash to shareholders. ProVen Planned Exit VCT first issued shares to investors on 28 March 2011 and the offer closed on 16 September 2011.
For more information on ProVen Planned Exit VCT Plc, please use our contact form or call 0845 686 0225.
Performance Table
The latest performance information is as follows. (Please note: This table shows how Proven Planned Exit VCT has performed historically. However, past performance is no guide to future performance.)
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Source: Annual Report for the period ended 31 January 2012. |
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| ProVen Planned Exit VCT Ordinary Shares (Launched November 2010) | |
|---|---|
| Current NAV | 88.7p |
| Cumulative dividends paid since launch | 3.0p |
| Total return (NAV + dividends paid) | 91.7p |
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Source: Annual Report for the period ended 31 January 2012. |
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| ProVen Planned Exit VCT 'A' Shares (Launched November 2010) | |
|---|---|
| Current NAV | 0.1p |
| Cumulative dividends paid since launch | 0.0p |
| Total return (NAV + dividends paid) | 0.1p |
ProVen Planned Exit VCT Current Share Prices
The current share prices as provided by the London Stock Exchange:
Selling Shares
Shares in a VCT can be bought and sold on the London Stock Exchange via a stockbroker. There is, however, likely to be a very limited secondary market for shares. Investors are reminded that there may be tax implications in respect to selling VCT shares and are therefore advised to consult their independent financial adviser if they have any queries.
Buy Back Policy
ProVen Planned Exit VCT operates a policy of buying back its own shares for cancellation as they become available - subject to maintaining a level of liquidity in the fund which the directors consider appropriate. The VCTs are, however, unable to buy shares directly from shareholders, and so shareholders will need to use a stockbroker. Downing Management Services Limited is able to provide details of closed periods (when the VCTs are prohibited from buying in their own shares) and details of the prices at which the VCTs have bought in shares. Downing can be contacted at 10 Lower Grosvenor Place, London SW1W 0EN; telephone 020 7416 7780.
Other Documents
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