Extension of 2024/2025 Offer
June 10 2024 - 11:37AM
UK Regulatory
Extension of 2024/2025 Offer
ProVen VCT plc
ProVen Growth and Income VCT plc
10 June 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 27
September 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
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