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REG-ProVen Growth and Income VCT plc: Issue of Equity

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ProVen Growth and Income VCT plc (the “Company”)

Issue of Equity

2 May 2025

The Directors of ProVen Growth and Income VCT plc announce an allotment on 2
May 2025 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to
the offer for subscription that opened on 6 November 2024. 

850,391 Ordinary Shares were allotted at an average price of 52.68p, based on
the latest net asset value of 50.45p, being the net asset value per Ordinary
Share as at 30 November 2024 adjusted for the dividend of 1.25p paid on 17
January 2025.

Application for the Issue 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 these allotments, the issued share capital and total voting rights
of the Company is 327,510,361 Ordinary Shares.

Beringea LLP
Company Secretary
Telephone 020 7845 7820

-End-

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