VCT News
ProVen VCT Early-Bird Discount period extended to 14th February 2012
ProVen VCT has announced an extension to its discount period for early investments.
Investors looking to apply for New Ordinary Shares under the ProVen VCT Offer for Subscription, now have until 5pm on 14th February 2012 to benefit from additional shares made available on early applications.
Existing shareholders (and their spouses), who currently hold shares in any one of the ProVen VCTs are entitled to receive a 2% discount to the Offer Price (in the form of additional shares), while new investors will be eligible for a 1% discount on all applications received by the 14th February deadline.
The ProVen VCT New Ordinary Share Offer to raise up to £15m is scheduled to remain open until 5th April 2012 for the 2011/12 tax year, and 31st May 2012 for the 2012/13 tax year.
About Beringea
Beringea is an international venture capital firm with offices in London and Detroit. In the UK Beringea manages ProVen VCT, ProVen Health VCT, ProVen Growth & Income VCT and Global Rights Fund II. Beringea launched its first VCT in 1996, making it one of the most experienced VCT managers in the UK. ProVen Growth & Income and ProVen VCT are highest performing VCTs of their launch years, respectively, according to www.taxefficientreview.com. For more information please visit www.provenvcts.co.uk.