PROVEN GROWTH & INCOME VCT PLC
23 AUGUST 2007
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
PROVEN GROWTH & INCOME VCT PLC
2. State whether the notification relates to:
(i) a transaction notified in accordance with DR3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
NOTIFICATION IN RESPECT OF (i) ONLY
3. Name of person discharging managerial responsibilities/director
STUART VEALE
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
NOTIFICATION IN RESPECT OF PDMR
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
BENEFICIAL INTEREST
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES OF 5P EACH
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
HARGREAVES LANSDOWN (NOMINEES) LIMITED
8. State the nature of the transaction
MARKET PURCHASE
9. Number of shares, debentures or financial instruments relating to shares acquired
7,500 ORDINARY SHARES
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.12%
11. Number of shares, debentures or financial instruments relating to shares disposed
NIL
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
NIL
13. Price per share or value of transaction
109.5p
14. Date and place of transaction
23 AUGUST 2007, LONDON
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
7,500 ORDINARY SHARES AND 25,750 C SHARES
16. Date issuer informed of transaction
23 AUGUST 2007
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
N/A