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ProVen Growth and Income VCT Issues New Shares via Dividend Reinvestment Scheme

Story Highlights
  • ProVen Growth and Income VCT issued over 1.16 million new shares under its Dividend Reinvestment Scheme.
  • The new shares raise total voting shares to 326.3 million, modestly expanding equity and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ProVen Growth and Income VCT Issues New Shares via Dividend Reinvestment Scheme

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Proven Growth and Income VCT ( (GB:PGOO) ) just unveiled an update.

ProVen Growth and Income VCT plc has issued 1,164,475 new ordinary shares at 47.75p each under its Dividend Reinvestment Scheme, in connection with the 1.25p per share dividend paid on 30 January 2026. The new shares, which rank pari passu with existing ordinary shares, will be admitted to the Official List and trading on the London Stock Exchange following regulatory approval, bringing the total number of ordinary shares and voting rights in issue to 326,325,848 and modestly increasing the company’s equity base and liquidity for shareholders.

More about Proven Growth and Income VCT

ProVen Growth and Income VCT plc is a UK-listed venture capital trust that provides investors with exposure to a diversified portfolio of growth-focused, income-generating smaller companies, primarily targeting early-stage and growth businesses through tax-efficient investment structures.

Average Trading Volume: 650,477

Technical Sentiment Signal: Buy

For an in-depth examination of PGOO stock, go to TipRanks’ Overview page.

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