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

Proven Growth and Income VctAnnouncement

16/12/2016 14:50

  
ProVen Growth and Income VCT plc
 Issue of Equity (DRIS)
 16 December 2016
 
The Company announces that it has today allotted 304,721 Ordinary Shares of 1.6187p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company's Dividend Reinvestment Scheme in respect of the dividend of 2.0p per Ordinary Share paid on 16 December 2016.
 
The shares were issued at 78.2p per share (being the latest published Net Asset Value adjusted for the dividend of 2.0p paid on 16 December 2016).
 
Included within the allotment are allotments to PDMRs as follows:
                        
 Person 
  
  
  
  
 Director/PDMR 
 Shares allotted 
 Issue price 
 Marc Vlessing 
  
  
  
  
 Director 
 3,165 
 78.2p 
 
These shares will rank pari passu with existing Ordinary Shares.
 
Application is being made to the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities respectively. It is expected that admission will become effective and dealings in the shares will commence on the London Stock Exchange within 10 business days of allotment.
 
Following this issue, the total number of Ordinary Shares in issue is 98,654,042, which is also the total number of voting rights.
 
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