Proven VCT plc : Issue of Equity

ProVen VCT plc 

Issue of equity

2 April 2015

The Directors of ProVen VCT plc announce an allotment on 2 April 2015 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 6 March 2015.  3,108,244 Ordinary Shares were allotted at an average price of 100.34p, based on the latest announced net asset value of 98.1p per Ordinary Share.

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.

Included within the allotment are allotments to PDMRs, including connected persons, as follows:

Person	Director/PDMR	Shares allotted	Issue price
Stuart Veale	PDMR	30,428	98.59p
James Weatherstone	Connected person of Hilary Weatherstone, PDMR	49,694	100.62p

Following this allotment, the issued share capital and total voting rights of the Company is 65,600,236 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone [phone]

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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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