Statement re Offer for Subscription

ProVen VCT plc (the "Company")

New Offer for Subscription (the "Offer")

The Company is pleased to announce an intention to launch an Offer for Subscription to raise up to £30 million by way of an issue of new ordinary shares in the Company, with an over-allotment facility of up to a further £10 million. 

A Prospectus with full details of the proposed Offer is intended for publication in late 2015.

Beringea LLP

Company Secretary

Telephone [phone]

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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#1964797