ProVen Growth and Income VCT plc
8 April 2008
Issue of Equity
The Directors announce that the Company has made the following allotment under the Offer for Subscription made on 11 February 2008 ("the Offer") in accordance with the pricing formula set out in the information memorandum.
On 7 April 2008 14,433 Ordinary Shares of 1p each were allotted under the Offer at a price of approximately 105.08p per share.
Application for the new shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made at the earliest practical opportunity.
The Offers for Subscription are now closed as they have been fully subscribed.