Proven VCT plc : Issue of Equity

ProVen VCT plc
Issue of equity
7 March 2014

The Directors of Proven VCT plc announce an allotment on 7 March 2014 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 24 September 2013 ("Offer") as follows:

Issue price per share	Number
102.1p	5,214,340

Application for the shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly. Dealings are expected to commence on or around 11 March 2014.

The Offer will close on 4 April 2014 in respect of the 2013/2014 Offer and not later than 1.00 pm on 30 May 2014 in respect of the 2014/2015 Offer unless fully subscribed at an earlier date.

Following this allotment, the issued share capital and total voting rights of the Company is 53,971,994 Ordinary Shares.

Included within the above allotment and the previous allotment that took place on 20 December 2013, were shares issued to directors as follows:

Date of allotment	Director / PDMR		Shares allotted	Issue price
7 March 2014	Barry Dean	Director	9,720	102.1p
20 December 2013	Andrew Davison	Director	10,359	95.9p

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven VCT plc via Globenewswire

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