ProVen VCTs Trigger Over-Allotment Facility to Expand Fundraising
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ProVen VCT plc and ProVen Growth and Income VCT plc have activated an over-allotment facility to increase their fundraising limit from £15 million to £20 million due to strong investor demand. This move allows for additional subscriptions ahead of the 2025/26 tax year, with offers closing in early April 2026, subject to changes. These UK-listed venture capital trusts focus on providing tax-efficient income and capital growth through investments in growth-stage and smaller companies, managed by Beringea LLP.
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