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Proven Growth and Income VCT ( (GB:PGOO) ) has shared an update.
ProVen Growth and Income VCT plc has completed an equity allotment of 3,239,415 new ordinary shares with a nominal value of 1.6187p each, issued at an average price of 50.78p under its subscription offer launched in November 2025. Based on a net asset value of 49.2p per share as at 31 August 2025, the new issue will increase the company’s total share capital and voting rights to 325,161,373 ordinary shares, with the new stock to be admitted to the Official List and to trading on the London Stock Exchange and ranking pari passu with existing shares, thereby modestly broadening the investor base and expanding capital available for future investments.
More about Proven Growth and Income VCT
ProVen Growth and Income VCT plc is a UK-listed venture capital trust investing in a diversified portfolio of growth-oriented companies, providing individual investors with exposure to early-stage and expansion businesses while offering the associated tax advantages of the VCT structure. The trust’s shares trade on the London Stock Exchange, and it periodically raises new equity capital through subscription offers to support further investments and portfolio development.
Average Trading Volume: 649,842
Technical Sentiment Signal: Strong Buy
See more data about PGOO stock on TipRanks’ Stock Analysis page.