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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Proven Growth & Income Vct Plc | LSE:PGOO | London | Ordinary Share | GB00B5B7YS03 | ORD 1.6187P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.35 | 2.75% | 50.50 | 47.80 | 50.50 | 49.15 | 49.15 | 49.15 | 4 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | -19.67M | -23.86M | -0.0783 | -6.28 | 149.69M |
TIDMPGOO ProVen Growth and Income VCT plc Offer Update 4 December 2017 On 20 October 2017, ProVen Growth and Income VCT plc (the "Company") published an offer document (the "Offer Document") to raise up to GBP4.4 million, approximately the Sterling equivalent of EUR5 million, through an offer for subscription (the "Offer") of new ordinary shares ("New Ordinary Shares"). The Offer will close at 1pm on 20 December 2017 or as soon as the Offer is fully subscribed or such earlier time as the Directors in their absolute discretion may decide. As at 21 November 2017, valid applications for subscription totalling, in aggregate, GBP2.9 million had been received and allotted in respect of the Offer. On 22 November 2017, following the Autumn Budget Statement, Her Majesty's Government introduced a number of changes to the rules governing Venture Capital Trusts. Further details of these changes were set out in the first draft of the Finance (No. 2) Bill 2018 (the "Finance Bill") published on 1 December 2017. As of the date of this announcement, the Board does not believe that these rule changes will materially affect either the purpose for which funds are being raised under the Offer or the Company's investment policy and strategy. Therefore, the Board confirms that the Offer remains open and the Company expects to make a final allotment of New Ordinary Shares on 20 December 2017 unless the Offer is fully subscribed before then in which case the final allotment may be made at an earlier date. Beringea LLP Company Secretary Telephone 020 7845 7820 - End This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Proven Growth & Income VCT plc via Globenewswire
(END) Dow Jones Newswires
December 04, 2017 11:30 ET (16:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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