Statement re Offer for Subscription - Offer ful...

ProVen Growth and Income VCT plc
25 March 2015
Statement re Offer for Subscription - Offer fully subscribed

ProVen Growth and Income VCT plc (the "Company") is pleased to announce that the Offer for Subscription which opened on 24 October 2014 (the "Offer") has seen a strong level of demand and, as a result, the Offer is now closed to further applications.

The final allotment for the 2014/15 tax year will take place on or before 2 April 2015. There will be a further allotment for the tax year 2015/16 to follow as soon as practicable after 5 April 2015. Following each such allotment the Company will announce the numbers and issue prices of the shares allotted. Dealings in the shares are expected to commence shortly thereafter.

For further information please contact Shane Elliott or Kate Justham on 020 7845 7820.

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 Growth & Income VCT plc via Globenewswire

HUG#1906069