Proven VCT plc : Issue of Equity

ProVen VCT plc
Issue of Equity (DRIS)
31 March 2014

The Company announces that, on 28 March 2014, it allotted 110,820 Ordinary Shares of 10p 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 28 March 2014.

The shares were issued at 99.6p per share (being the latest published Net Asset Value adjusted for dividends paid).

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 at 8.00 a.m. on 7 April 2014.

Following this issue, the total number of Ordinary Shares in issue is 54,082,814, which is also the total number of voting rights.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven VCT plc via Globenewswire

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