ProVen Growth and Income VCT plc (LEI: 213800K1RM776QM8XG84)
(together the "Companies" and each being a "Company")
16 January 2024
Publication of Prospectus
The Companies announce that they have today published a Prospectus (comprising a Securities Note, Registration Document and Summary) in respect of an offer for subscription to raise up to £30,000,000 in aggregate by way of an issue of new ordinary shares in the Companies ("New Ordinary Shares"), with an over-allotment facility of up to a further £10,000,000 in aggregate (each Company raising a maximum of £20,000,000 including the over-allotment facility), payable in full in cash on application (the “Offer”).
The Offer opens on
Applicants (and their spouses/civil partners) who had an existing shareholding in one of the Companies on
All other Applicants whose valid Application forms part of the first £5 million of valid Applications for each Company and is received by
The subscription price of the additional New Ordinary Shares to be received by early applicants will be met by
Pursuant to an agreement dated
The payment of the Fee is a smaller related party transaction to be entered into between each of the Companies and Beringea under Listing Rule 11.1.10R.
To obtain a copy of the Securities Note, investors and Financial Advisers should call Beringea, on 020 7845 7820. A downloadable version of the Securities Note will shortly be available from www.proveninvestments.co.uk.
A copy of the Prospectus is available, free of charge, from the registered office of the Companies and Beringea at:
Copies of the Prospectus will be submitted to the National Storage Mechanism and will shortly be available for viewing online at the following web-site address:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
For further information please contact
Company Secretary
Telephone 020 7845 7820
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