Proven VCT plc : Offer for subscription - Update

ProVen VCT plc
Offer for subscription - update

In relation the Offer for subscription for New Ordinary Shares which opened on 8 December 2011, ProVen VCT announces that the period during which Applicants will be entitled to additional New Ordinary Shares for early investment has been extended to 14 February 2012.  Applicants (and their spouses) who had an existing shareholding in one of the ProVen VCTs on 8 December 2011, and whose Application Form is received by 5:00pm on 14 February 2012, will be entitled to additional New Ordinary Shares with an aggregate subscription price equivalent to 2% of the amount subscribed.  All other Applicants whose Application Form is received by 5:00pm on 14 February 2012 will be entitled to New Ordinary Shares with an aggregate subscription price equivalent to 1% of the amount subscribed.  The subscription price of the Additional Shares will be met by the Manager.

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Source: Proven VCT plc via Thomson Reuters ONE

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