PGOO Proven Growth & Income Vct Plc

 
TIDMPGOO 
 
 
   ProVen Growth and Income VCT plc 
 
   Close of Offer to further applications 
 
   24 February 2021 
 
   The Board of ProVen Growth and 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 received applications for 
approximately GBP20 million and has now closed to further applications. 
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. 
 
   Allotments in respect of valid applications received prior to the Offer 
closing and not previously allotted are expected to take place shortly 
(and, if required, on any additional date prior to 5 April 2021 on which 
the Directors decide) for applications in respect of the current tax 
year, and on or around 6 April 2021 (and any other dates after the 6 
April 2021 which the Directors decide) for applications in respect of 
the 2021/2022 tax year. Dealings in such shares is expected to commence 
within 10 business days following allotment. 
 
   For further information please contact: 
 
   Shane Elliott on 020 7845 7820 
 
   Beringea LLP 
 
   Company Secretary 
 
   Telephone 020 7845 7820 
 
 
 
 

(END) Dow Jones Newswires

February 24, 2021 04:31 ET (09:31 GMT)

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