Proven VCT plc : Issue of Equity

Proven VCT plc : Issue of Equity

ProVen VCT plc
Issue of Equity (DRIS)

28 July 2014

The Company announces that, on 25 July 2014, it allotted 162,276 Ordinary Shares of 10p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company's Dividend Reinvestment Scheme in respect of the dividend of 2.5p per Ordinary Share paid on 25 July 2014.

The shares were issued at 98.3p per share (being the latest published Net Asset Value adjusted for dividends paid).

These shares will rank pari passu with existing Ordinary Shares.

Application is being made to the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities respectively. It is expected that admission will become effective and dealings in the shares will commence on the London Stock Exchange at 8.00 a.m. on 31 July 2014.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven VCT plc via Globenewswire

HUG#1840191

Companies

ProVen VCT (PVN)
UK 100