Proven Growth & Inc. Proven Growth And Income Vct Plc: Fundraising Update - Expected Close Of Offer
22 Febrero 2021 - 10:52AM
UK Regulatory
TIDMPGOO
ProVen Growth & Income VCT plc
Fundraising update - expected close of Offer
22 February 2021
ProVen Growth & Income VCT plc (the "Company") is pleased to announce
that the offer for subscription to raise up to GBP20 million (with an
over allotment facility of up to a further GBP10 million) which opened
on 3 December 2020 (the "Offer") has seen a strong level of demand and
is expected to reach GBP20 million shortly. The Board of the Company
does not intend to utilise the over-allotment facility. As a result, the
Offer is expected to close to further applications at 5.00 p.m. on
Friday 26 February 2021, or such time as valid applications for
approximately GBP20 million have been accepted. The Company reserves
the right to re-open the Offer for applications and utilise the
over-allotment facility at any time up to 19 November 2021, or an
earlier date if fully subscribed before then.
To obtain a copy of the Securities Note, Registration Document and/or
Summary (together the "Prospectus"), 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=MJixLfe8OUjwbN-ta1plJD5gps6O-NyY04Z0wKX4N6uxsZ7FFyWHfXVyWUxuW7A68rQAF8bl8-ta9tccx5Jm2hzAU9wrCiXSMFoAD25gIf8=
www.provenvcts.co.uk. If you are an investor, please contact your
Financial Adviser in the first instance and make your application
through them.
For further information please contact:
Shane Elliott on 020 7845 7820
Beringea LLP
Company Secretary
Telephone 020 7845 7820
(END) Dow Jones Newswires
February 22, 2021 11:52 ET (16:52 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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