Proven VCT plc : Issue of Equity

ProVen VCT plc
Issue of Equity
4 April 2016

The Directors of ProVen VCT plc announce an allotment on 4 April 2016 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 3 December 2015. 12,216,432 Ordinary Shares were allotted at an average price of 104.26p, based on the latest announced net asset value of 99.5p 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.

These shares will rank pari passu with existing Ordinary Shares.

Following this issue, the total number of Ordinary Shares in issue is 96,269,211, which is also the total number of voting rights.

Beringea LLP
Company Secretary
Telephone [phone]

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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

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