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ProVen Growth and Income VCT Announces New Share Allotment

Story Highlights
  • ProVen Growth and Income VCT plc allotted 1,630,706 shares at 52.86p each.
  • The new shares will be listed on the London Stock Exchange, raising total voting rights to 326,659,970.
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ProVen Growth and Income VCT Announces New Share Allotment

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Proven Growth and Income VCT ( (GB:PGOO) ) has provided an update.

ProVen Growth and Income VCT plc announced the allotment of 1,630,706 ordinary shares at an average price of 52.86p, following a subscription offer that began in November 2024. This move, based on the latest net asset value, will see the new shares admitted to the London Stock Exchange, maintaining equal status with existing shares and increasing the company’s total voting rights to 326,659,970 shares.

More about Proven Growth and Income VCT

ProVen Growth and Income VCT plc operates in the financial industry, focusing on venture capital trusts. The company primarily offers investment opportunities in growth-oriented businesses, aiming to provide income and capital growth for its shareholders.

YTD Price Performance: 0.63%

Average Trading Volume: 98,026

Technical Sentiment Signal: Strong Sell

For a thorough assessment of PGOO stock, go to TipRanks’ Stock Analysis page.

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