Key Voting Rights Update for ProVen Growth and Income VCT
Understanding the Total Voting Rights of ProVen Growth and Income VCT
ProVen Growth and Income VCT plc has provided an important update regarding its voting rights, a crucial aspect for its shareholders. As of 31 October 2024, the number of shares and corresponding voting rights are detailed below.
Current Share Capital Overview
According to the latest announcement, ProVen Growth and Income VCT plc has a total of 318,130,913 ordinary shares issued, each with a voting right of 1. This means that each share directly contributes one vote in corporate matters, ensuring that shareholders have a fair say in decisions that affect the company's trajectory.
Total Voting Rights Calculation
The total number of voting rights in the company stands at 318,130,913. This number represents the collective voting power available to shareholders.
Implications for Shareholders
This voting rights update is significant for shareholders as it forms the basis for determining their obligations under the FCA's Disclosure and Transparency Rules. If you hold shares, you must be aware of this number as it may impact your reporting responsibilities regarding changes to your interests in the company.
Company Share Buybacks
ProVen Growth and Income VCT does not currently hold any treasury shares. Additionally, the update noted that the total number of shares reflects any recently bought back shares slated for cancellation. This is essential information as it indicates active management of the share capital, benefiting shareholders through potential price stabilization and value retention.
Contact for Shareholder Inquiries
If you have further questions or need clarification regarding the voting rights or share capital, the Company Secretary, Beringea LLP, is available for inquiries. You can reach them at 020 7845 7820.
Frequently Asked Questions
What are the total voting rights for ProVen Growth and Income VCT?
The total voting rights stand at 318,130,913.
How many shares are currently issued by the company?
ProVen Growth and Income VCT has 318,130,913 ordinary shares in issue.
Does ProVen Growth and Income VCT hold any treasury shares?
No, the company does not hold any shares in treasury.
Who should I contact for more information about my shares?
You can contact the Company Secretary, Beringea LLP, at 020 7845 7820.
Why is the voting rights information important?
This information is crucial for shareholders to understand their voting power and any reporting obligations under regulatory rules.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
