Proven Growth & Income VCT plc : Issue of Equity

ProVen Growth and Income VCT plc 

Issue of equity

1 April 2015

The Directors of Proven Growth and Income VCT plc announce an allotment on 1 April 2015 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 24 October 2014.  15,885,895 Ordinary Shares were allotted at an average price of 86.51p, 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.

Following this allotment, the issued share capital and total voting rights of the Company is 88,360,898 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone [phone]

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Source: Proven Growth & Income VCT plc via Globenewswire

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