Director/PDMR Shareholding Announcement for ProVen Growth and Income VCT plc
ProVen Growth and Income VCT plc is announcing that several directors and their closely associated individuals have purchased ordinary shares valued at 1.6187 pence each in the Company. This notification is in accordance with the Market Abuse Regulation, and further details are provided below.
Management Transactions Overview
Details of the individual with managerial responsibilities or closely associated persons:
Name: Malcolm Kennedy Hunt Moss
Position/Status: Non-Executive Director
Initial Notification/Amendment: Initial notification
Issuer Information
Name: ProVen Growth and Income VCT plc
LEI: 213800K1RM776QM8XG84
Transaction Details
Description of the financial instrument: Ordinary shares of 1.6187 pence each
Identification Code: GB00B5B7YS03
Nature of the transaction: Issuance of shares as part of the Company’s dividend reinvestment scheme.
Price(s) and Volume(s): Price: £0.532, Volume: 8,822
Aggregated Information: Aggregate Price: £0.532, Aggregate Volume: 8,822, Aggregate Total: £4,693.30
Date of the transaction: 16 August 2024
Place of the transaction: London
Additional Notifications
Details of the individual with managerial responsibilities or closely associated persons:
Name: Natasha Isobel Christie-Miller
Position/Status: Non-Executive Director
Initial Notification/Amendment: Initial notification
Issuer Information
Name: ProVen Growth and Income VCT plc
LEI: 213800K1RM776QM8XG84
Transaction Overview
Description of the financial instrument: Ordinary shares of 1.6187 pence each
Identification Code: GB00B5B7YS03
Nature of the transaction: Issuance of shares as part of the Company’s dividend reinvestment scheme.
Price(s) and Volume(s): Price: £0.532, Volume: 3,129
Aggregated Information: Aggregate Price: £0.532, Aggregate Volume: 3,129, Aggregate Total: £1,664.63
Date of the transaction: 16 August 2024
Place of the transaction: London
Further Updates
Details of the individual with managerial responsibilities or closely associated persons:
Name: Anna Rinse Kuriakose
Position/Status: Non-Executive Director
Initial Notification/Amendment: Initial notification
Transaction Details
Description of the financial instrument: Ordinary shares of 1.6187 pence each
Identification Code: GB00B5B7YS03
Nature of the transaction: Issuance of shares as part of the Company’s dividend reinvestment scheme.
Price(s) and Volume(s): Price: £0.532, Volume: 1,213
Aggregated Information: Aggregate Price: £0.532, Aggregate Volume: 1,213, Aggregate Total: £645.32
Date of the transaction: 16 August 2024
Place of the transaction: London
Final Notifications
Details of the individual with managerial responsibilities or closely associated persons:
Name: Roderick Wallace Christie-Miller
Position/Status: Spouse of Natasha Isobel Christie-Miller, Non-Executive Director
Initial Notification/Amendment: Initial notification
Investment Details
Description of the financial instrument: Ordinary shares of 1.6187 pence each
Identification Code: GB00B5B7YS03
Nature of the transaction: Purchase under Offer for Subscription
Price(s) and Volume(s): Price: £0.532, Volume: 826
Aggregated Information: Aggregate Price: £0.532, Aggregate Volume: 826, Aggregate Total: £439.43
Date of the transaction: 16 August 2024
Place of the transaction: London
Beringea LLP
Company Secretary
Telephone 020 7845 7820
Frequently Asked Questions
What is ProVen Growth and Income VCT plc?
ProVen Growth and Income VCT plc is a venture capital trust focused on investing in a diverse range of unquoted companies.
Why are director shareholdings important?
Director shareholdings can reflect their confidence in the company's future and help align their interests with those of shareholders.
What does the dividend reinvestment scheme involve?
The dividend reinvestment scheme enables shareholders to reinvest their dividends into additional shares of the company, enhancing their investment.
How frequently does ProVen update on director shareholdings?
ProVen provides updates in accordance with the Market Abuse Regulation, typically when significant share transactions take place.
How can I contact investor relations for ProVen Growth and Income VCT plc?
You can reach out to Beringea LLP, the Company Secretary, using the provided telephone number for any inquiries.