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Wednesday, 19 April 2017

Proven Growth & Income VCT plc : Issue of Equity

     

Published: 17:53 CEST 19-04-2017 /GlobeNewswire /Source: Proven Growth & Income VCT plc / : PGOO /ISIN: GB00B5B7YS03

Proven Growth & Income VCT plc : Issue of Equity

ProVen Growth and Income VCT plc 

Issue of equity

19 April 2017


The Directors of ProVen Growth and Income VCT plc (the "Company") announce an allotment on 19 April 2017 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 21 September 2016 (the "Offer"). 2,330,502 Ordinary Shares were allotted at an average price of 79.4p, based on the latest announced net asset value of 77.9p 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 137,244,476 Ordinary Shares. The Offer is now closed.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

-End-





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Proven Growth & Income VCT plc, 39 Earlham Street, , LONDON, WC2H 9LT, , United Kingdom
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