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ProVen Growth and Income VCT PLC - Sales Analysis Snapshot
Business Description This Report provides a comprehensive Sales & Margin summary analysis for ProVen Growth and Income VCT PLC Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
ProVen Growth and Income VCT PLC. The Company's principal activity is that of a Venture Capital Trust. The objective of the Company are to achieve a total return significantly greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected smaller companies with excellent growth prospects, to minimise the risk of each investment and the portfolio as a whole and to obtain and maintain Venture Capital Trust Status (VCT) in order to secure the substantial tax benefits available for investments in a VCT. The Company has been approved by the HM Revenue and Customs as a Venture Capital Trust. Investment management services are provided by Beringea Ltd for a fee calculated at the rate of 2.0% per annum of the Ordinary Share net assets and the C Shares net assets per annum (excluding VAT). The agreement is terminable by either party at any time by one year's prior written notice.
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