ProVen VCT plc: Issue of Equity

Summary by AI ^BETAClose X

ProVen VCT plc has announced the allotment of 1,148,536 ordinary shares on 11 September 2026, comprising 1,141,293 shares issued under its offer for subscription and 7,243 shares for commission payments, all at an average price of 61.41p. This price was based on the net asset value of 59.5p as at 31 May 2026, adjusted for a 1.6p dividend paid on 14 August 2026. Following this issuance, the company's total issued share capital and voting rights now stand at 298,575,634 ordinary shares, and an application for admission to trading on the London Stock Exchange will be made shortly.

Disclaimer*

ProVen VCT plc
Issue of Equity
11 September 2026

The Directors of ProVen VCT plc announce an allotment on 11 September 2026 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 17 November 2025. The allotment also included a small number of shares issued to existing shareholders in satisfaction of commission payments due to their brokers.

1,141,293 Ordinary Shares were allotted at an average price of 61.41p, based on the latest net asset value of 59.5p, being the net asset value per Ordinary Share as at 31 May 2026 adjusted for the dividend of 1.6p paid on 14 August 2026. 7,243 Ordinary Shares were allotted at the same price in connection with commission payments. The total Ordinary Shares allotted were 1,148,536.

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 ProVen VCT plc is 298,575,634 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

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