Issue of Equity

ProVen VCT plc
6 April 2009

Issue of Equity

The Directors  announce  that  the Company  has  made  the  following
allotments under  the  Linked  Offer  for  Subscription  made  on  20
November 2008 ('the Offer'):


Date         D Shares of 1p each
3 April 2009             913,282
4 April 2009              20,749


Application for the new 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 at the  earliest
practical opportunity.

D Shares issued  to PDMRs  included within the  above allotment,  are
summarised as follows:


Director           D Shares issued on %  of class
                   3 April 2009

James Kennell PDMR 3,165              0.07%


These allotments are in addition to the following shares already held
by the PDMR above:


                   Ordinary % of    C      % of class
                   Shares   class   Shares
James Kennell PDMR 9,523    0.04%   10,300 0.07%


The Offer for Subscription for the 2008/2009 tax year is now closed.

The Offer for Subscription in respect of the 2009/2010 tax year  will
close on 29 May 2009  unless previously extended or fully  subscribed
earlier.

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.