Proven Growth & Income VCT plc : Issue of Equity

ProVen Growth and Income VCT plc 

Issue of equity

21 November 2017

The Directors of ProVen Growth and Income VCT plc announce an allotment on 21 November 2017 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 20 October 2017. 3,988,208 Ordinary Shares were allotted at an average price of 72.1p, based on the latest announced net asset value of 69.75p 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.

Included within the allotment are allotments to Directors, including persons closely associated, as follows:

Person	Director/PDMR	Shares allotted	Issue price
Mr Marc Vlessing	Director	70,071	71.4p
Mr Malcolm Moss	Director	35,035	71.4p

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 143,631,798 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone [phone]

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Source: Proven Growth & Income VCT plc via Globenewswire