Proven Growth & Inc. Proven Growth And Income Vct Plc: Fundraising Update - Expected Close Of Offer

 
TIDMPGOO 
 
 
   ProVen Growth & Income VCT plc 
 
   Fundraising update -  expected close of Offer 
 
   22 February 2021 
 
   ProVen Growth & Income VCT plc (the "Company") is pleased to announce 
that the offer for subscription to raise up to GBP20 million (with an 
over allotment facility of up to a further GBP10 million) which opened 
on 3 December 2020 (the "Offer") has seen a strong level of demand and 
is expected to reach GBP20 million shortly. The Board of the Company 
does not intend to utilise the over-allotment facility. As a result, the 
Offer is expected to close to further applications at 5.00 p.m. on 
Friday 26 February 2021, or such time as valid applications for 
approximately GBP20 million have been accepted.  The Company reserves 
the right to re-open the Offer for applications and utilise the 
over-allotment facility at any time up to 19 November 2021, or an 
earlier date if fully subscribed before then. 
 
   To obtain a copy of the Securities Note, Registration Document and/or 
Summary (together the "Prospectus"), Financial Advisers should call the 
investment manager, Beringea, on 020 7845 7820. A downloadable version 
of the Prospectus is also available from 
https://www.globenewswire.com/Tracker?data=MJixLfe8OUjwbN-ta1plJD5gps6O-NyY04Z0wKX4N6uxsZ7FFyWHfXVyWUxuW7A68rQAF8bl8-ta9tccx5Jm2hzAU9wrCiXSMFoAD25gIf8= 
www.provenvcts.co.uk. If you are an investor, please contact your 
Financial Adviser in the first instance and make your application 
through them. 
 
   For further information please contact: 
 
   Shane Elliott on 020 7845 7820 
 
   Beringea LLP 
 
   Company Secretary 
 
   Telephone [phone] 
 
 
 
 

(END) Dow Jones Newswires

February 22, 2021 11:52 ET (16:52 GMT)

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