PVN Proven Vct Plc

 
TIDMPVN 
 
 
   ProVen VCT plc 
 
   10 March 2020 
 
   Close of Offer to further applications 
 
   The Board of ProVen VCT plc (the "Company") is pleased to announce that 
it has received applications for GBP15 million under its offer for 
subscription pursuant to the Securities Note dated 27 January 2020 (the 
"Offer"), which as of today is fully subscribed and has now closed to 
further applications. 
 
   Further allotments in respect of valid applications received prior to 
the Offer closing and not previously allotted are expected to take place 
shortly (and, if required, on any other dates prior to 5 April 2020 on 
which the Directors decide) for applications in respect of the current 
tax year, and on 6 April 2020 (and any other dates after the 5 April 
2020 which the Directors decide) for applications in respect of the 
2020/2021 tax year. Dealing in such shares is expected to commence 
within 10 business days following allotment. 
 
   Investors whose applications for shares in ProVen VCT plc were not 
accepted before the Offer was closed are reminded that amounts in 
respect of that Offer will be re-allocated to the Proven Growth & Income 
VCT plc Offer, unless applicants had requested in their application form 
that such amounts be returned to them. 
 
   To obtain a copy of the Securities Note, Registration Document and/or 
Summary (together the "Prospectus"), private investors and Financial 
Advisers should call the investment manager, Beringea, on 020 7845 7820. 
A downloadable version of the Prospectus is also available from 
https://www.globenewswire.com/Tracker?data=dq0Nn8SPW870XY50IDNcyEvcKjuwLoV_uMGE-mO1-02lEK3zel6TUY1B5lNxJli7bAB6LuMuYhKPeKYoV3Bg9HqcXFLTTeGc3afl8VF3ANs= 
www.provenvcts.co.uk and copies are available, free of charge, from the 
registered office of the Company or from: 
 
   Beringea LLP 
 
   39 Earlham Street 
 
   London WC2H 9LT 
 
   For further information please contact: 
 
   Shane Elliott on 020 7845 7820 
 
   Beringea LLP 
 
   Company Secretary 
 
   Telephone 020 7845 7820 
 
 
 
 

(END) Dow Jones Newswires

March 10, 2020 10:53 ET (14:53 GMT)

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