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Proven Growth and Income VCT ( (GB:PGOO) ) has issued an update.
ProVen Growth and Income VCT plc, a company involved in venture capital trusts, has announced the allotment of 2,878,630 ordinary shares at an average price of 52.82p. This move follows a subscription offer that began in November 2024. The new shares, which are based on a net asset value adjusted for a recent dividend, will soon be listed on the London Stock Exchange and will have equal standing with existing shares. This issuance increases the company’s total share capital to 325,029,264 ordinary shares, potentially enhancing its market presence and providing additional capital for growth opportunities.
More about Proven Growth and Income VCT
YTD Price Performance: 0.63%
Average Trading Volume: 98,026
Technical Sentiment Signal: Strong Sell
For an in-depth examination of PGOO stock, go to TipRanks’ Stock Analysis page.