REG-Proven VCT plc : Issue of Equity <Origin Href="QuoteRef">PVN.L</Origin>

Proven VctAnnouncement

17/11/2017 16:16

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ProVen VCT plc
 Issue of Equity (DRIS)
 17 November 2017

The Company announces that it has today allotted 1,003,702 Ordinary Shares of
10p 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 7.0p per Ordinary Share paid on 17 November 2017.

The shares were issued at 94.8p per share (being the latest published Net
Asset Value adjusted for the dividend of 7.0p paid on 17 November 2017).

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
98,849,584, which is also the total number of voting rights.

Beringea LLP
 Company Secretary
 Telephone 020 7845 7820

- End
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the content, accuracy and originality of the information contained therein.
Source: Proven VCT plc via Globenewswire