Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Friday, 14 July 2017

Proven Growth & Income VCT plc : Issue of Equity


Published: 13:41 CEST 14-07-2017 /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 (DRIS)

14 July 2017

The Company announces that it has today allotted 545,760 Ordinary Shares of 1.6187p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company's Dividend Reinvestment Scheme in respect of the dividend of 2.5p per Ordinary Share paid on 14 July 2017.

The shares were issued at 81.5p per share (being the latest published Net Asset Value adjusted for the dividend of 2.5p paid on 14 July 2017).

These shares will rank pari passu with existing Ordinary Shares.

Application is being made to the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities respectively. It is expected that admission will become effective and dealings in the shares will commence on the London Stock Exchange within 10 business days of allotment.

Following this issue, the total number of Ordinary Shares in issue is 137,361,711, which is also the total number of voting rights.

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
If you would like to unsubscribe and stop receiving these e-mails click here.