ProVen Growth and Income VCT plc: Issue of Equity

Summary by AI BETAClose X

ProVen Growth and Income VCT plc announced an allotment of 4,565,996 ordinary shares on April 2, 2026, at an average price of 49.60p per share, based on the latest net asset value of 47.75p adjusted for a 1.25p dividend. These new shares, which will rank pari passu with existing ordinary shares, were issued pursuant to an offer for subscription that opened on November 17, 2025. Following this allotment, the company's issued share capital and total voting rights now stand at 334,721,119 ordinary shares. Application will be made for the new shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange.

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