tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ProVen VCT Reports Steady Performance and Strategic Capital Raise

Story Highlights
ProVen VCT Reports Steady Performance and Strategic Capital Raise

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Proven VCT ( (GB:PVN) ) has shared an update.

ProVen VCT plc reported its financial and operational performance for the nine-month period ending 30 November 2024. The company’s Net Asset Value per share was 64.0p, with total returns of 150.0p since the share consolidation in 2012. The statement highlighted a stable dividend distribution with an interim dividend of 1.5p per share announced in November 2024. Investment activities included the full disposal of Lupa Foods Limited and a follow-on investment in Social Value Portal Ltd. An offer for subscription was launched to raise up to £30,000,000, indicating a strategic move to bolster capital.

More about Proven VCT

YTD Price Performance: 0.0%

Average Trading Volume: 263,056

Technical Sentiment Consensus Rating: Sell

For detailed information about PVN 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