ProVen Growth and Income VCT plc Announces Fundraising Plans
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ProVen Growth and Income VCT plc Announces Fundraising Intentions
ProVen VCT plc
ProVen Growth and Income VCT plc
(together referred to as the "Companies")
The Companies are pleased to announce their intention to launch a new combined offer for subscription (the "Offer") for tax years 2024-25 and 2025-26 later in the tax year.
A prospectus with full details of the proposed Offer will be published in due course.
As announced recently, the current offer for subscription for each of the Companies will continue to remain open until the completion date or until the respective Offer is fully subscribed, as approved by the Boards. This current offer provides investors with an opportunity to engage with the Companies' objectives and long-term growth strategies.
Details of the Fundraising Offer
The Companies are known for their focus on growth and income, and this fundraising initiative is set to capitalize on the favorable market conditions. The investment strategy aims to generate significant returns for investors while supporting the Companies' operations and potential expansion plans.
This Offer represents a strategic move, enabling investors to participate in the Companies' growth journey. It also underscores the Companies' commitment to maintaining transparency and providing stakeholders with updated information regarding their investment opportunities.
Current Offer for Subscription Information
The current offer for subscription opened earlier this year and remains accessible to potential investors until the specified closure date. Investors are encouraged to assess this opportunity carefully, considering the potential for future growth supported by the Companies' proven track records.
Details pertaining to the prospectus will outline the investment objectives and other relevant aspects, ensuring that investors have all necessary information at their disposal to make informed decisions.
Contact Information
For further information regarding the fundraising initiatives of the Companies, please reach out to:
Beringea LLP
Company Secretary
Telephone: 020 7845 7820
Frequently Asked Questions
What is the purpose of the new fundraising initiative?
The purpose is to launch a combined offer for subscription aimed at supporting the Companies' growth strategies for the tax years 2024-25 and 2025-26.
When will the prospectus with details of the Offer be published?
The prospectus will be published in due course, providing full details about the Offer to potential investors.
Is the current offer for subscription still open?
Yes, the current offer remains open until the completion date or until it is fully subscribed, based on approval from the Boards.
Who should I contact for more information?
For more information, please contact Beringea LLP, Company Secretary, at the telephone number provided above.
What can investors expect from the fundraising offer?
Investors can expect to engage in a strategic growth initiative that aims to generate substantial returns, aligned with the Companies' long-term objectives.
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