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Proven VCT ( (GB:PVN) ) has issued an announcement.
ProVen VCT plc has announced the publication of a prospectus for a new offer to raise up to £30 million through the issuance of new ordinary shares, with an additional £10 million over-allotment facility. The offer, managed by Beringea LLP, provides early applicants with bonus shares and aims to enhance the company’s capital base, potentially impacting its market positioning and providing benefits to existing shareholders.
More about Proven VCT
ProVen VCT plc operates within the venture capital trust industry, focusing on growth and income generation through strategic investments. The company offers new ordinary shares to raise capital, targeting investors interested in venture capital opportunities.
Average Trading Volume: 1,051,652
Technical Sentiment Signal: Buy
Learn more about PVN stock on TipRanks’ Stock Analysis page.