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.

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