ProVen Growth and Income VCT plc Delays Allotment
Why we think this is neutral
This RNS announcement is a general update on the delay of an allotment for a new share offering. It does not contain any specific financial or operational information that would warrant a positive or negative sentiment score.
Key Points
- Delay in allotment of new shares for 2025/2026 offer
- Allotment now expected on or around 30 April 2025
- Delay due to current volatility in public stock markets
Summary
The investment company has delayed the allotment of new shares due to current market volatility.
ProVen Growth and Income VCT plc has announced that it will delay the allotment of new shares for its 2025/2026 offer from the originally expected date of 11 April 2025 to on or around 30 April 2025, citing current volatility in public stock markets.
GENERAL UPDATE