ProVen VCT plc Updates Voting Rights and Share Insights

ProVen VCT plc Overview

ProVen VCT plc is making strides in transparency regarding its voting rights and shares, crucial for shareholder engagement and confidence. This update details the latest data on shares in circulation as of the end of November, ensuring that all shareholders are well-informed.

Total Voting Rights as of November

According to the Disclosure and Transparency Rule 5.6.1, ProVen VCT plc has confirmed that the figure summarizing its capital and voting rights as of 30 November is an important metric for investors. Total voting rights indicate how many votes shareholders can cast during upcoming meetings, reflecting the power and influence of their investments.

Shares in Issue

As of the latest update, ProVen VCT plc currently has 269,023,071 ordinary shares of 10p each in issue. Each share carries a voting right of 1, resulting in a total of 269,023,071 voting rights available. This substantial number reflects the company's commitment to providing its shareholders with a significant voice in corporate governance.

Details for Shareholders

Importantly, ProVen VCT plc holds no shares in treasury. Any shares recently bought back for cancellation are also accounted for in this tally, emphasizing the focus on maintaining a clear and accurate representation of voting power. Shareholders need to be aware that this voting rights figure will serve as a denominator for calculations regarding any required notifications related to their interests in the company, per FCA's Disclosure and Transparency Rules.

Company Commitment to Transparency

At ProVen VCT plc, transparency goes beyond just sharing numbers. It is about creating a trusting relationship with shareholders. Knowing the total voting rights gives investors the necessary information to gauge their influence and participation in decision-making processes. This proactive stance is vital for enhancing shareholder relations and fostering a supportive investment environment.

What Stakeholders Should Consider

Shareholders should consider how these voting rights impact their ownership experience and strategic decisions. With 269,023,071 voting rights, it is crucial for shareholders to remain engaged and informed about the company’s actions and upcoming proposals. The level of transparency presented by ProVen VCT plc is encouraging in a market where clarity often aids investment decisions.

Contact Information for Queries

For any questions or further clarifications regarding these updates, shareholders are encouraged to reach out to Beringea LLP, the Company Secretary. They can be reached via telephone at 020 7845 7820. This open line of communication is a testament to the company's commitment to being responsive to shareholder needs.

Frequently Asked Questions

What are the total voting rights for ProVen VCT plc?

The total voting rights for ProVen VCT plc as of 30 November are 269,023,071.

How many shares are currently issued by ProVen VCT plc?

ProVen VCT plc has 269,023,071 ordinary shares of 10p each currently issued.

Will the number of voting rights change if shares are bought back?

Yes, if shares are bought back, the total voting rights figure may adjust accordingly to reflect the number of shares in circulation.

How can shareholders contact the company for more information?

Shareholders can contact Beringea LLP, the Company Secretary, at 020 7845 7820 for any inquiries.

Why is it important to know the total voting rights?

Knowing the total voting rights allows shareholders to determine their influence during voting processes and compliance with FCA's rules.

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