Statement re Offer for Subscription

ProVen Growth and Income VCT plc
17 March 2015
Offer for Subscription - Over allotment facility

The directors of ProVen Growth and Income VCT plc have confirmed that the over allotment facility of up to £5 million may be used in relation to the Offer for Subscription that opened on 24 October 2014 (the "Offer").  This increases the maximum amount which may be raised under the Offer to £25 million.

The Offer will close not later than 1.00 pm on 2 April 2015 in respect of the 2014/2015 Offer and not later than 1.00 pm on 29 May 2015 in respect of the 2015/2016 Offer, unless the Offer is fully subscribed at an earlier date.

To obtain a copy of the Securities Note, private investors and Financial Advisers should call the investment manager, Beringea, on 020 7845 7820. A downloadable version of the Securities Note is available from www.provenvcts.co.uk.

Beringea LLP
Company Secretary
020 7845 7820

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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

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