Issue of Equity

Proven Growth and Income VCT plc
5 April 2011
Issue of Equity

The  Directors of Proven Growth  and Income VCT plc  announce an allotment on 5
April  2011 of  988,039 ordinary  shares  of  1.6187p each  issued at a price of
90.6p per  share  pursuant  to  the  Offers  for Subscription that opened on 10
December 2010.

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 at the earliest practical opportunity.

The Offer for Subscription for the 2010/2011 tax year is now closed.

The Offer for Subscription for the 2011/2012 tax year is expected to remain open
until 31 May 2011 unless previously extended or fully subscribed earlier.








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Source: Proven Growth & Income VCT plc via Thomson Reuters ONE

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