Proven Growth & Income VCT plc : Issue of Equit...

ProVen Growth and Income VCT plc 

Issue of equity - clarification

21 May 2015

The Directors of ProVen Growth and Income VCT plc announced an allotment on 12 May 2015 of 118,320 ordinary shares of 1.6187p each at an average price of 83.67p, based on the latest announced net asset value of 83.1p per Ordinary Share. This allotment was made in circumstances where applications for shares were received by the Company in excess of the number of shares that could be allotted under the offer for subscription launched on 24 October 2014 (the "Offer"). The applications and allotments were accepted and made outside the terms of the Offer.  On 13 May 2015 the Company announced an allotment of 117,310 Ordinary Shares which were allotted at an average price of 83.97p in the same circumstances as the shares allotted on 12 May 2015.

Application for the shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly.

Beringea LLP
Company Secretary
Telephone [phone]

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven Growth & Income VCT plc via Globenewswire

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