tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ProVen Growth and Income VCT Announces New Share Allotment

Story Highlights
ProVen Growth and Income VCT Announces New Share Allotment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

ProVen Growth and Income VCT plc announced an allotment of 2,094,922 ordinary shares on 8 September 2025, following a subscription offer that began in November 2024. The shares were issued at an average price of 50.80p, reflecting an adjusted net asset value. This move increases the company’s total share capital to 324,029,381 ordinary shares, with plans for these shares to be listed on the London Stock Exchange, potentially enhancing liquidity and market presence.

More about Proven Growth and Income VCT

ProVen Growth and Income VCT plc operates in the financial services industry, focusing on venture capital trust investments. The company primarily offers growth and income opportunities through equity investments in diverse sectors, aiming to provide shareholders with a combination of capital growth and dividend income.

Average Trading Volume: 382,520

Technical Sentiment Signal: Strong Buy

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1