Praetura Growth VCT

About Praetura Growth VCT plc

Targeting a competitive annual dividend combined with associated tax reliefs.

Praetura VCT

Investors in Praetura Growth VCT will be supporting growth companies predominantly across the North of England as well as in other parts of the UK whilst benefitting from a range of tax reliefs.

It follows the same investment mandate as the award-winning Praetura Growth EIS fund. The Praetura team has a proven track record in venture capital investing and unparalleled access to early-stage businesses in the North of England. Praetura’s ‘More Than Money’ guiding principle will ensure that portfolio companies get access to industry experts amongst our Operational Partner network.

£3,000

Minimum investment

30%

Upfront income tax relief on an investment of up to £200,000 per tax year

100%

Tax-free capital gains if selling the shares

12-year

Track record of investment in small and mid-sized companies

   

Tax benefits are subject to change and depend on the individual's circumstances. Past performance is no guarantee of future returns.

Caroline  Flagg speaks about the what Venture Capital Trusts (VCTs) are

In this video, Business Development Manager, Caroline Flagg, explains what VCTs are.

Our Approach

Praetura Growth VCT builds on our 12-year track record of investing in small and medium-sized companies. Our investment strategy – across both Praetura Growth VCT and Praetura Growth EIS fund – is to invest in growing UK businesses with strong management teams that operate predominantly in the North of England.

Praetura Approach

Sam McArthur speaks about the Praetura Growth VCT

In this video, Praetura Partner Sam McArthur introduces the Praetura Growth VCT and the opportunity in the North of England. He also details a little bit about the Praetura story and why we're different from other fund managers.

Focus on North

Why do we focus on the North?

The North is filled with talent, potential and opportunity but the region is significantly underfunded compared to London. Our mission is to be the VC of choice for Northern founders and to continue connecting investors to the North’s best early-stage businesses. The North is home to the 4th largest gaming sector in the UK, Newcastle employs 60k people in tech and science, and Manchester is one of the fastest-growing UK digital sectors.

Examples of Praetura Ventures’ previous exits

EC3
19.2x
Return
PIB
2.7x
Return
Inspired Energy
16x
Return
 

Past performance is no guarantee of future returns.

Praetura Ventures’ current portfolio businesses:

Download our documentation

VCT Key Information Document
Annual Report and Unaudited Financial Statements - 31 January 2024

Latest News

FAQs

VCTs provide vital growth funding to small and medium-sized businesses, which are the backbone of our economy. In addition to supporting British enterprises and economic growth, investors inVCT shares receive a number of attractive tax benefits provided they hold the shares for at least 5 years, including:

30% upfront income tax relief on the amount invested, subject to a maximum investment of £200,000 per tax year

100% tax-free dividends from the VCT

100% tax-free capital gains if selling the shares

Initial: Initial fee 3% of amount subscribed
Ongoing Annual management fee 2% (plus VAT if applicable) of net asset value p.a.
Administration fee 0.35% (plus VAT) of net asset value p.a.
Performance fee 20% of amounts in excess of 120p per Ordinary Share

An investment in Praetura Growth VCT carries risk and prospective investors should consult with their own independent financial adviser before making an investment in a VCT.You must read and understand the Praetura Growth VCT Prospectus, which details the risks of the investment, before applying for shares in the VCT. Below are the key risks:

Tax reliefs: Tax reliefs are not guaranteed, depend on the VCT maintaining its VCT qualifying status, the individuals’ personal circumstances and a five-year minimum holding period, and may be subject to change. In the event of the VCT losing its VCT qualifying status or an investor disposing of their shares within 5 years of issue they will be subject to a clawback from HMRC on tax relief claimed. Liquidity: It is unlikely there will be a liquid market in the ordinary shares of Praetura Growth VCT and it may prove difficult for investors to realise their investment immediately or in full.

Capital at risk: An investment in Praetura Growth VCT involves a high degree of risk. Investors’ capital may be at risk.

General: Past performance of Praetura Ventures in relation to its other EIS qualifying investments is no indication of future results. The payment of dividends is not guaranteed. Investors have no direct right of action against Praetura Ventures. The Financial Ombudsman Service/the Financial Services Compensation Scheme are not available.

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investments@praetura.co.uk

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Speak to one of the team via 0161 641 9475