Understanding ProVen VCT plc's Total Voting Rights Update
Understanding ProVen VCT plc's Total Voting Rights
ProVen VCT plc
Total Voting Rights
As of the end of March, ProVen VCT plc has provided an update regarding its capital and voting rights, marking a significant point of interest for its shareholders.
Current Voting Rights Overview
According to the Disclosure and Transparency Rule, the Company's voting rights and shares as of March 31st are detailed below. The standard practice is to maintain clear communication with shareholders regarding these structures, ensuring transparency and compliance with regulatory standards.
Shares in Issue Details
The ordinary shares currently in circulation total 278,620,819. Each share carries a single voting right, indicating that the total voting rights available to the shareholders equal the number of shares issued.
Summary of Total Voting Rights
Overall, the voting rights can be summarized succinctly. There are no treasury shares held by the Company, so all shares are eligible for voting. This factor is vital for governance and ensuring that shareholder interests are represented accurately.
Implications for Shareholders
ProVen VCT plc is committed to clarity and transparency in its operations, and the voting rights information is essential for shareholders in understanding their position. These metrics are critical in calculating their required notifications under the FCA's Disclosure and Transparency Rules.
Notification Requirements for Changes
The voting rights figure, which stands at 278,620,819, serves as a denominator for shareholders. This denominator is crucial when determining if any changes in interest require notification, ensuring compliance with regulatory obligations.
Shareholder Communications
Communication is key in maintaining trust and transparency with shareholders. The Company acknowledges any shares bought back for cancellation, demonstrating its ongoing efforts to optimize shareholder value.
Contact Information
For further inquiries or clarifications, shareholders are encouraged to reach out to Beringea LLP, the Company Secretary. They can be contacted directly at 020 7845 7820 for assistance with any related questions.
Frequently Asked Questions
What is the total number of voting rights in ProVen VCT plc?
The total number of voting rights stands at 278,620,819.
How many shares are currently issued by ProVen VCT plc?
There are 278,620,819 ordinary shares issued.
Does ProVen VCT plc hold any shares in treasury?
No, the Company does not hold any shares in treasury.
Why is the voting rights information important?
This information helps shareholders understand their voting power and any notification requirements under FCA regulations.
Who should shareholders contact for more information?
Shareholders should contact Beringea LLP at 020 7845 7820 for further information or inquiries.
About The Author
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