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Proven VCT plc (PVN)

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Thursday 05 March, 2020

Proven VCT plc

ProVen VCT plc: Issue of Equity

ProVen VCT plc: Issue of Equity

ProVen VCT plc 

Issue of equity

5 March 2020

The Directors of ProVen VCT plc announce an allotment on 5 March 2020 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 27 January 2020. 5,308,351 Ordinary Shares were allotted at an average price of 75.4p, based on the latest announced net asset value of 73.6p 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 allotment, the issued share capital and total voting rights of the Company is 155,586,689 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820


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