ProVen VCT plc: Issue of Equity

Summary by AI BETAClose X

ProVen VCT plc has announced the allotment of 3,919,700 ordinary shares at an average price of 64.42p per share, based on the net asset value of 62.6p as of 31 August 2025. This issuance, made pursuant to an offer for subscription, increases the company's total issued share capital and voting rights to 288,227,459 ordinary shares. The newly issued shares will rank equally with existing ordinary shares, and an application for their admission to the Official List and trading on the London Stock Exchange will be made shortly.

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ProVen VCT plc: Issue of Equity

ProVen VCT plc 

Issue of Equity

19 December 2025

The Directors of ProVen VCT plc announce an allotment on 19 December 2025 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 17 November 2025. 

3,919,700 Ordinary Shares were allotted at an average price of 64.42p, based on the latest net asset value of 62.6p, being the net asset value per Ordinary Share as at 31 August 2025.

Application for the 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 this allotment, the issued share capital and total voting rights of the Company is 288,227,459 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

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Companies

ProVen VCT (PVN)
UK 100

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