ProVen VCT plc Announces New Fundraising Initiative
ProVen VCT plc Announces New Fundraising Initiative
ProVen VCT plc and ProVen Growth and Income VCT plc are combining forces for an upcoming fundraising initiative.
The Intention Behind the Fundraise
The Companies are excited to announce their plan to introduce a new offer for subscription, referred to as the 'Offer.' This initiative is aimed at supporting tax years 2025-26 and 2026-27 and is set to be launched later in the current tax year.
Details to Be Released Soon
Investors can anticipate the release of a comprehensive prospectus that will provide full details regarding this proposed Offer. This information will allow interested parties to make informed decisions as the Companies prepare to pursue their fundraising goals.
Current Offer and Timeline
The current subscription offer for both Companies opened on 6 November 2024 and is poised to remain accessible until 30 September 2025 at 3 PM BST. This timeline will continue unless the Offer reaches full subscription or is otherwise adjusted by the Boards.
Contact Information for Inquiries
For any questions or further information, interested individuals can reach out to:
Beringea LLP
Company Secretary
Telephone: 020 7845 7820
Frequently Asked Questions
What is the purpose of the new fundraising initiative?
The initiative aims to launch a combined offer for subscription to support tax years 2025-26 and 2026-27.
When will the prospectus be available?
Details about the proposed Offer will be shared in a prospectus that will be published in due course.
What are the timelines for the current subscription offer?
The current subscription offer will be open until 30 September 2025 at 3 PM BST, pending earlier full subscriptions.
Who can I contact for more information?
For inquiries, you can contact Beringea LLP, specifically the Company Secretary, at 020 7845 7820.
Is ProVen VCT plc listed on the stock exchange?
Yes, ProVen VCT plc is actively traded on the London Stock Exchange under the ticker symbol LSE:PVN.
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