PROVEN VCT PLC

Share Issue/Capital Change • Oct 22, 2018

National Storage Mechanism | Additional information

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ProVen VCT plc

ProVen Growth and Income VCT plc

Together the "Companies"

New Combined Offer for Subscription (the "Offer")

22 October 2018

The Companies are pleased to announce their intention to launch a combined Offer for Subscription to raise up to a total of £60 million with an over-allotment facility of up to a further £20 million in the near future.

An Offer Document with full details of the proposed Offer will be published in due course.

For further information please contact:

Beringea LLP

Company Secretary

Telephone 020 7845 7820

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