ProVen Growth & Income VCT PlcLSE: PGOO

ProVen Growth and Income VCT plc: Issue of Eq...

· Issued by ProVen Growth & Income VCT Plc via GlobeNewswire

Summary by 6ix AI

ProVen Growth and Income VCT plc, a venture capital trust, allotted 952,368 ordinary shares on October 7, 2026 at an average price of 47.94p under its offer for subscription that opened on November 17, 2025. The combined offer with ProVen VCT plc closed on September 30, 2026 at 1pm BST.

Key details

  • The price was based on the latest net asset value per ordinary share (the value of the trust's assets less its liabilities, per share) of 46.3p, which is the figure as at May 31, 2026 adjusted for the 1.3p dividend paid on August 14, 2026.
  • Following the allotment, issued share capital and total voting rights are 328,971,725 ordinary shares; the new shares rank equally with existing ordinary shares.

What’s still pending

  • Application will be made shortly for the new 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.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/proven-growth-and-income-vct-plc-issue-of-eq

ProVen Growth and Income VCT plc: Issue of Equity and Closure of Offer for Subscription

ProVen Growth and Income VCT plc
Issue of Equity and Closure of Offer for Subscription
7 October 2026

The Directors of ProVen Growth and Income VCT plc announce an allotment on 7 October 2026 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 17 November 2025.

952,368 Ordinary Shares were allotted at an average price of 47.94p, based on the latest net asset value of 46.3p, being the net asset value per Ordinary Share as at 31 May 2026 adjusted for the dividend of 1.3p paid on 14 August 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 Growth and Income VCT plc is 328,971,725 Ordinary Shares.

Consistent with the announcement on 29 April 2026, the combined offer for subscription for the Company and ProVen VCT plc, which opened on 17 November 2025, closed on 30 September 2026 at 1pm BST.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

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