ProVen VCT plc: Issue of Equity

Summary by AI ^BETAClose X

ProVen VCT plc has announced the allotment of 523,012 ordinary shares at an average price of 63.36p, based on a net asset value of 61.4p as of November 30, 2025, adjusted for a dividend. This issuance, pursuant to an offer for subscription, increases the company's total issued share capital and voting rights to 302,634,198 ordinary shares. Application will be made for these new shares to be admitted to trading on the London Stock Exchange, where they will rank pari passu with existing ordinary shares.

Disclaimer*

ProVen VCT plc
Issue of Equity
8 May 2026

The Directors of ProVen VCT plc announce an allotment on 8 May 2026 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 17 November 2025.

523,012 Ordinary Shares were allotted at an average price of 63.36p, based on the latest net asset value of 61.4p, being the net asset value per Ordinary Share as at 30 November 2025 adjusted for the dividend of 1.5p paid on 30 January 2026.

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 302,634,198 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

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