REG-Proven Growth & Income VCT plc : Issue of Equity <Origin Href="QuoteRef">PGOO.L</Origin>

Proven Growth and Income VctAnnouncement

10/11/2016 10:50

  
ProVen Growth and Income VCT plc
 
Issue of equity
 
10 November 2016
    
The Directors of ProVen Growth and Income VCT plc announce an allotment on 9 November 2016 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 21 September 2016.9,474,341 Ordinary Shares were allotted at an average price of 81.8p, based on the latest announced net asset value of 80.2p 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.
 
Included within the allotment are allotments to Directors, including persons closely associated, as follows:
                                  
 Person 
 Director/PDMR 
 Shares allotted 
 Issue price 
 Mr Marc Vlessing 
 Director 
 123,753 
 80.8p 
 Mr Malcolm Moss 
 Director 
 37,125 
 80.8p 
 Mrs Natasha Christie-Miller 
 Director 
 12,375 
 80.8p 
 Mr James Stewart 
 Director 
 12,375 
 80.8p 
 
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 98,477,321 Ordinary Shares.
 
Beringea LLP
 Company Secretary
 Telephone 020 7845 7820
 
-End-
 


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Proven Growth & Income VCT plc via Globenewswire