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ProVen VCT Reports Steady Performance and Strategic Capital Raise

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ProVen VCT Reports Steady Performance and Strategic Capital Raise

Proven VCT ( (GB:PVN) ) has shared an update.

ProVen VCT plc reported its financial and operational performance for the nine-month period ending 30 November 2024. The company’s Net Asset Value per share was 64.0p, with total returns of 150.0p since the share consolidation in 2012. The statement highlighted a stable dividend distribution with an interim dividend of 1.5p per share announced in November 2024. Investment activities included the full disposal of Lupa Foods Limited and a follow-on investment in Social Value Portal Ltd. An offer for subscription was launched to raise up to £30,000,000, indicating a strategic move to bolster capital.

More about Proven VCT

YTD Price Performance: 0.0%

Average Trading Volume: 263,056

Technical Sentiment Consensus Rating: Sell

For detailed information about PVN stock, go to TipRanks’ Stock Analysis page.

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