Intention to utilise an over allotment facility

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Aug 12 2025

2mins

Source: Globenewswire

Offer for Subscription: ProVen VCT plc and ProVen Growth and Income VCT plc have launched an offer to raise up to £40 million through new ordinary shares, with the option to increase this by an additional £10 million using an over allotment facility.
Extension of Offer: The subscription offer has been extended until 30 September 2025, with a possibility for further extension until 5 November 2025 at the directors' discretion.

About the author

Preview

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.