ProVen Growth and Income VCT plc: Issue of equity and closure of offer for subscription

Summary by AI BETAClose X

On October 8, 2025, ProVen Growth and Income VCT plc announced the allotment of 2,765,922 ordinary shares at an average price of 50.68p. This price is based on the latest net asset value of 48.7p per share as of May 31, 2025, adjusted for a 1.5p dividend paid on August 15, 2025. Application for admission to the Official List of the Financial Conduct Authority and trading on the London Stock Exchange will be made shortly. Following this allotment, the company's issued share capital and total voting rights amount to 326,795,303 ordinary shares. The offer for subscription, which opened on November 6, 2024, closed on September 30, 2025.

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