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ProVen VCT plc and ProVen Growth and Income VCT plc are in discussions on a possible merger via a scheme of reconstruction, with PGI’s assets and liabilities transferring to ProVen for new ProVen shares based on relative NAVs. Any deal would require both sets of shareholders’ consent.Material Detai…
ProVen VCT plc and ProVen Growth and Income VCT plc are in discussions about a possible merger via an s.110 scheme, with PGI’s assets and liabilities transferring to ProVen and PGI holders receiving new ProVen shares based on relative NAVs. Approvals would be required.Material DetailsContext by AI…