ProVen VCT plc
Issue of equity
23 March 2012
The Directors of Proven VCT plc announce an allotment on 23 March 2012 of 3,040,484 ordinary shares of 5p each issued at a price of 50.5p per share pursuant to the Offers for Subscription that opened on 8 December 2011.
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 at the earliest practical opportunity.
The Offers for Subscription are expected to remain open until 5 April 2012 in respect of the 2011/2012 tax year and 31 May 2012 in respect of the 2012/2013 tax year unless previously extended or fully subscribed earlier.