Proven VCT plc : Issue of Equity

ProVen VCT plc 
Issue of equity
4 April 2012

The Directors of Proven VCT plc announce an allotment on 4 April 2012 of 6,384,853 ordinary shares of 5p each issued at a price of 50.5p per share pursuant to the Offers for Subscription that opened on 8 December 2011.

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 Offers for Subscription are expected to remain open until 5 April 2012 in respect of the 2011/2012 tax year and 31 May 2012 in respect of the 2012/2013 tax year unless previously extended or fully subscribed earlier.

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Proven VCT plc via Thomson Reuters ONE

HUG#1600314