ProVen Growth and Income VCT plc: Issue of Equity

ProVen Growth and Income VCT plc Issue of equity7 July 2022

The Directors of ProVen Growth and Income VCT plc announce an allotment on 7 July 2022 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 11 January 2022. 2,222,127 Ordinary Shares were allotted at an average price of 70.7p, based on the latest announced net asset value of 67.3p 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.

These shares will rank pari passu with existing Ordinary Shares.

Following this allotment, the issued share capital and total voting rights of the Company is 288,118,266 Ordinary Shares.

Beringea LLPCompany SecretaryTelephone 020 7845 7820

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