Understanding Voting Rights in ProVen Growth and Income VCT
Insight into ProVen Growth and Income VCT plc Voting Rights
ProVen Growth and Income VCT plc recently shared vital information regarding its voting rights and capital structure as of the end of November 2024. This announcement emphasizes the total number of shares and their associated voting rights available to shareholders.
Total Voting Rights Breakdown
In accordance with the regulations outlined in the Disclosure and Transparency Rule 5.6.1, the Company has provided a clear summary of the voting rights associated with its shares. As of November 30, 2024, ProVen Growth and Income VCT has approximately 313,728,425 ordinary shares in circulation, with each share granting one voting right. This translates to a total of 313,728,425 voting rights.
Company's Capital Structure
ProVen Growth and Income VCT does not retain any treasury shares. This comprehensive overview ensures shareholders are aware of their voting rights, especially following any recent share buybacks for cancellation. These transactions reflect a commitment to maintaining transparency and providing stakeholders with relevant financial updates.
Importance of Voting Rights for Shareholders
The total voting rights figure serves as a critical denominator for shareholders. It allows them to determine whether they need to disclose their interest or any changes to their interest in ProVen Growth and Income VCT, as per the regulations set forth by the FCA's Disclosure and Transparency Rules. This regulatory framework is essential for promoting fairness and transparency in the market.
Understanding Shareholder Notifications
Shareholders are encouraged to keep track of their voting rights, as these can affect decisions made during shareholder meetings. Being informed about voting rights aids shareholders in understanding their influence within the company and assists in making informed decisions during voting processes.
Company Contact Information
For any inquiries concerning voting rights or other shareholder-related matters, you may reach out to the Company Secretary, Beringea LLP, at the provided contact number: 020 7845 7820. The company remains dedicated to ensuring that shareholders have the necessary information to engage effectively with their investment.
Frequently Asked Questions
What are the voting rights associated with ProVen Growth and Income VCT shares?
Each ordinary share grants one voting right, resulting in a total of 313,728,425 voting rights for shareholders.
Do shareholders need to notify changes in their interests?
Yes, shareholders must notify any changes in their interests according to the FCA's regulations regarding disclosure.
What is the significance of the total voting rights figure?
The total voting rights figure enables shareholders to analyze their voting power and determine their obligation to report any changes in ownership or interests.
Who should shareholders contact for queries?
Shareholders can contact Beringea LLP, the Company Secretary, via telephone at 020 7845 7820 for any queries related to voting rights.
Are there any treasury shares held by ProVen Growth and Income VCT?
No, ProVen Growth and Income VCT does not hold any treasury shares within its capital structure.
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