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Intention to fundraise

Proven VCT Plc

ProVen VCT plc

ProVen Growth and Income VCT plc

(together the "Companies" and each being a “Company”)

New combined offer for subscription (the "Offer")

22 July 2022

The Companies are pleased to announce their intention to launch a new combined Offer for subscription for tax years 2022-23 & 2023-24 later this year.

A prospectus 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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