ProVen Growth and Income VCT plc: Issue of Equity

Summary by AI ^BETAClose X

On September 8, 2025, ProVen Growth and Income VCT plc announced the allotment of 2,094,922 ordinary shares at an average price of 50.80p per share. This allotment is pursuant to the subscription offer that commenced on November 6, 2024. The price is based on the latest net asset value of 48.7p per ordinary share as of May 31, 2025, adjusted for the 1.5p dividend paid on August 15, 2025. Following the allotment, the company's issued share capital and total voting rights amount to 324,029,381 ordinary shares with a nominal value of 1.6187p each. Application for admission to the Official List of the Financial Conduct Authority and trading on the London Stock Exchange will be made shortly.

Disclaimer*

ProVen Growth and Income VCT plc (the “Company”)

Issue of Equity

8 September 2025

Issue of equity

The Directors of ProVen Growth and Income VCT plc announce an allotment on 8 September 2025 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 6 November 2024.

2,094,922 Ordinary Shares were allotted at an average price of 50.80p, based on the latest net asset value of 48.7p, being the net asset value per Ordinary Share as at 31 May 2025 adjusted for the dividend of 1.5p paid on 15 August 2025.

Application for the Issue Shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly.

These shares will rank pari passu with existing Ordinary Shares.

Following these allotments, the issued share capital and total voting rights of the Company is 324,029,381 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

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