PVN Proven VCT PLC

ProVen VCT plc: Extension of 2024/2025 Offer

ProVen VCT plc: Extension of 2024/2025 Offer

ProVen VCT plc

ProVen Growth and Income VCT plc

24 April 2024

Extension of 2024/2025 Offer

On 16 January 2024, ProVen VCT plc and ProVen Growth and Income VCT plc (the “Companies”) launched offers for subscription (the “Offer”) to raise up to £30.0 million by way of an issue of new ordinary shares ("New Ordinary Shares") in the Companies, with each of the Companies raising up to £15.0 million, together with an over-allotment facility of up to a further £10.0 million (being up to £5.0 million for each of the Companies). Full details of the Offer are contained in a prospectus (comprising a Securities Note, Registration Document and Summary (the “Prospectus")), which was published by the Companies on 16 January 2024.

The boards of each of the Companies are pleased to announce that the 2024/25 Offer for each of the Companies has been extended in accordance with the terms of the Offer until 28 June 2024 at 3pm BST (or such earlier date as the respective Offer is fully subscribed or as otherwise approved by the Boards).

For further information please contact:

Shane Elliott on 020 7845 7820

Beringea LLP

Company Secretary

Telephone 020 7845 7820



EN
24/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Proven VCT PLC

 PRESS RELEASE

ProVen VCT plc: Total voting rights

ProVen VCT plc: Total voting rights ProVen VCT plcTotal Voting Rights1 May 2024 In conformity with the Disclosure and Transparency Rule 5.6.1, ProVen VCT plc announces that the Company's capital and voting rights, as at 30 April 2024, are summarised as follows:  Shares in issueVoting rights per ShareVoting rightsOrdinary shares of 10p each272,315,3201272,315,320    Total voting rights  272,315,320     The Company does not hold any shares in treasury. The above takes account of any shares that have been recently bought back for cancellation, even if such transactions have not yet settled. T...

 PRESS RELEASE

ProVen VCT plc: Issue of Equity

ProVen VCT plc: Issue of Equity ProVen VCT plc Issue of equity26 April 2024 The Directors of ProVen VCT plc announce an allotment on 26 April 2024 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 16 January 2024. 1,018,771 Ordinary Shares were allotted at an average price of 65.8p, based on the latest net asset value of 63.5p, being the net asset value as at 30 November 2023 of 65.0p less the 1.5p dividend paid on 15 December 2023. Application for the shares to be admitted to the Official List of the Financial Conduct Authority and t...

 PRESS RELEASE

ProVen VCT plc: Extension of 2024/2025 Offer

ProVen VCT plc: Extension of 2024/2025 Offer ProVen VCT plcProVen Growth and Income VCT plc 24 April 2024 Extension of 2024/2025 Offer On 16 January 2024, ProVen VCT plc and ProVen Growth and Income VCT plc (the “Companies”) launched offers for subscription (the “Offer”) to raise up to £30.0 million by way of an issue of new ordinary shares ("New Ordinary Shares") in the Companies, with each of the Companies raising up to £15.0 million, together with an over-allotment facility of up to a further £10.0 million (being up to £5.0 million for each of the Companies). Full details of the Offe...

 PRESS RELEASE

ProVen VCT plc: Issue of Equity

ProVen VCT plc: Issue of Equity ProVen VCT plc Issue of equity5 April 2024 The Directors of ProVen VCT plc announce an allotment on 5 April 2024 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 16 January 2024. 5,136,588 Ordinary Shares were allotted at an average price of 66.3p, based on the latest net asset value of 63.5p, being the net asset value as at 30 November 2023 of 65.0p less the 1.5p dividend paid on 15 December 2023. Application for the shares to be admitted to the Official List of the Financial Conduct Authority and...

 PRESS RELEASE

ProVen VCT plc: Issue of Equity

ProVen VCT plc: Issue of Equity ProVen VCT plc Issue of equity2 April 2024 The Directors of ProVen VCT plc announce an allotment on 2 April 2024 of ordinary shares of 10p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 16 January 2024. 4,457,941 Ordinary Shares were allotted at an average price of 66.6p, based on the latest net asset value of 63.5p, being the net asset value as at 30 November 2023 of 65.0p less the 1.5p dividend paid on 15 December 2023. Application for the shares to be admitted to the Official List of the Financial Conduct Authority and to ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch