Offer for Subscription

28 Nov 2005 10:44

Proven Growth & Income VCT PLC28 November 2005 ProVen Growth & Income VCT plc28 November 2005 Offer for Subscription ProVen Growth & Income VCT plc (the "Company") announces that it has published aProspectus (comprising a Securities Note, Registration Document and Summary) toraise up to £25m (the "Offer"). The Offer opened on 22 November 2005 and is expected to close on 5 April 2006(or an earlier date on which it is fully subscribed). The Offer is for up to25,000,000 'C' Shares of 5 pence each. The 'C' Shares will be issued at a priceof £1 and applications received up to 5 pm on 30 December 2005 will receive 1per cent additional 'C' Shares. To obtain a copy of the Securities Note private investors and Financial Advisersshould call 020 7845 7820. Downloadable versions of the Securities Note willalso be available from www.provenvcts.com. A copy of the Prospectus (comprising a Securities Note, Registration Documentand Summary) is available, free of charge, from the Company's registered officeor from: Beringea Limited39 Earlham StreetLondon WC2H 9LT The Prospectus has been submitted to the UKLA, and will shortly be available forinspection at the UKLA's Document Viewing Facility, which is situated at: Financial Services AuthorityThe North ColonnadeCanary WharfLondon E14 5NS For further information please contact: Stuart Veale Beringea Limited 020 7845 7827 This information is provided by RNS The company news service from the London Stock Exchange