Understanding Voting Rights at ProVen Growth and Income VCT
Understanding the Voting Rights at ProVen Growth and Income VCT plc
ProVen Growth and Income VCT plc is a significant player in the investment landscape, marked by its strong structure of capital and voting rights. This vital information is particularly relevant for shareholders who need to stay informed about their voting power and how it influences company decisions.
Current Capital and Voting Rights Structure
As of the end of January, ProVen Growth and Income VCT plc, a well-established company, has reported its capital structure. The total number of ordinary shares currently stands at 316,620,312. Each share carries a solitary vote, contributing to the overall influence of shareholders within the decision-making framework of the company.
Detailed Breakdown of Shares
The ordinary shares, valued at 1.6187p each, provide shareholders with one voting right per share. Therefore, the total voting rights accessible to shareholders equal the total number of shares issued. For ProVen Growth and Income VCT plc, this equals 316,620,312 voting rights.
Implications of Voting Rights
The voting rights in ProVen Growth and Income VCT plc play a crucial role, particularly under the latest Disclosure and Transparency Rules set by the FCA. Shareholders must be aware that any changes to their shareholding may necessitate notifications regarding interests in the company.
Utilizing Voting Rights Effectively
Shareholders can utilize the total voting rights figure when considering decisions about their interests in the company. Understanding the total voting rights empowers shareholders to engage meaningfully in corporate governance.
Company's Shareholding Summary
Importantly, the company does not hold any treasury shares. Keeping shares on the market rather than in treasury ensures that all shares are accounted for when considering voting rights and corporate decisions.
Recent Share Buybacks
Even with ongoing share buybacks for cancellation, shareholders can rest assured that the voting rights remain accurately calculated. Knowing this helps shareholders maintain clarity regarding their influence in the company’s activities.
Contact Information for ProVen Growth and Income VCT plc
For any inquiries, stakeholders can contact Beringea LLP, the appointed company secretary. They can be reached at Telephone: 020 7845 7820. It's vital for shareholders to have direct lines of communication to discuss any concerns regarding their investments.
Frequently Asked Questions
What are the total voting rights for ProVen Growth and Income VCT?
The total voting rights for ProVen Growth and Income VCT plc stand at 316,620,312, corresponding to the number of ordinary shares issued.
How can shareholders utilize their voting rights?
Shareholders can use their voting rights to influence decisions at annual general meetings and other shareholder meetings, ensuring their voices are heard in corporate governance.
Does ProVen Growth and Income VCT have treasury shares?
No, ProVen Growth and Income VCT plc does not hold any treasury shares, ensuring all issued shares are actively participating in voting.
What should shareholders do if their interests change?
If shareholders experience changes in their shareholding, they are required to notify the company as per the FCA's rules.
Who manages the company’s secretary affairs?
Beringea LLP manages the company’s secretary affairs, and shareholders can contact them directly for queries related to governance and shareholding.
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