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ProVen Growth and Income VCT Announces New Equity Issuance
Company Announcements

ProVen Growth and Income VCT Announces New Equity Issuance

Story Highlights
  • ProVen Growth and Income VCT plc issued 1,094,340 Ordinary Shares under its Dividend Reinvestment Scheme.
  • The new shares will be listed on the London Stock Exchange, enhancing shareholder value and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

An announcement from Proven Growth and Income VCT ( (GB:PGOO) ) is now available.

ProVen Growth and Income VCT plc, a company engaged in investment and finance, announced the allotment of 1,094,340 Ordinary Shares as part of its Dividend Reinvestment Scheme. This issuance, priced at 50.25p per share, aligns with the Company’s strategy to enhance shareholder value by reinvesting dividends into equity. The new shares will be listed on the London Stock Exchange, increasing the total number of Ordinary Shares to 316,620,312, which may provide additional voting rights and liquidity to shareholders.

More about Proven Growth and Income VCT

YTD Price Performance: -1.67%

Average Trading Volume: 148,598

Technical Sentiment Consensus Rating: Hold

For an in-depth examination of PGOO stock, go to TipRanks’ Stock Analysis page.

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