Proven Growth & Income VCT plc : Issue of Equity

ProVen Growth and Income VCT plc 


Issue of equity


11 February 2015

The Directors of Proven Growth and Income VCT plc announce an allotment on 11 February 2015 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 24 October 2014.  8,474,190 Ordinary Shares were allotted at an average price of 84.34p, based on the latest announced net asset value of 83.1p per Ordinary Share.

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.

Included within the allotment are allotments to Directors, including connected persons, and PDMRs as follows:

Person	Director/PDMR	Shares allotted	Issue price
Suzanna Taverne	Connected person of Marc Vlessing, Director	17,960	83.52p
Natasha Christie-Miller	Director	5,986	83.53p
Stuart Veale	PDMR	83,814	83.52p

Following this allotment, the issued share capital and total voting rights of the Company is 72,690,003 Ordinary Shares.

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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