24th Mar 2005 17:25
Proven VCT PLC24 March 2005 ProVen VCT plc ("the Company") The Directors are pleased to announce that the Company has made the followingshare allotment in accordance with the pricing formula set out in the offerdocument containing an offer for subscription for up to 2.2 million OrdinaryShares of 5p each ("Ordinary Shares") dated 2 March 2005 ("the Offer"). On 23 March 2005, 866,253 Ordinary Shares were issued under the Offer at a priceof 108.16p per share raising £936,942. As part of this issue of Ordinary Shares pursuant to the Offer, Andrew Davison,Chairman of the Company, purchased 4,623 Ordinary Shares taking his shareholdingin the Company to 9,623 Ordinary Shares, representing approximately 0.04% of theCompany's issued share capital. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Proven Vct