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Proven VCT ( (GB:PVN) ) has provided an update.
ProVen VCT plc has issued 1,131,083 new ordinary shares at 61.4p each under its Dividend Reinvestment Scheme, following the payment of a 1.5p per share dividend on 30 January 2026. The new shares, which rank pari passu with existing ordinary shares, will be admitted to the Official List and to trading on the London Stock Exchange, taking the total number of ordinary shares and voting rights in issue to 289,358,542 and modestly expanding the company’s equity base through shareholder reinvestment rather than fresh capital raising.
More about Proven VCT
ProVen VCT plc is a UK-listed venture capital trust investing in a portfolio of smaller, growth-oriented companies, offering investors exposure to early-stage and expanding businesses while benefiting from the tax advantages associated with VCT structures.
Average Trading Volume: 2,152,557
Technical Sentiment Signal: Buy
See more insights into PVN stock on TipRanks’ Stock Analysis page.