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BVT Baronsmead Venture Trust Plc

52.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Baronsmead Venture Trust Plc LSE:BVT London Ordinary Share GB0002631934 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.50 51.00 54.00 52.50 52.50 52.50 28,221 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt -942k -5.14M -0.0147 -35.71 183.61M

Baronsmead Venture Trust PLC Offer for Subscription - Update (5474N)

18/01/2019 2:57pm

UK Regulatory


Baronsmead Venture (LSE:BVT)
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From Mar 2019 to Mar 2024

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RNS Number : 5474N

Baronsmead Venture Trust PLC

18 January 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY JURISDICTION WHICH THE SAME COULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA.

This announcement does not constitute an offer to sell, or the solicitation of an offer to subscribe for, or to buy shares in any jurisdiction.

Baronsmead Venture Trust plc

18 January 2019

Offer for Subscription - Update

On 9 January 2019 Baronsmead Venture Trust plc (the "Company") launched an offer for subscription to raise up to GBP12 million (the "Offer").

The directors of the Company have been advised that, on the basis of subscription forms received during the course of 18 January 2019, the Offer has become fully subscribed. In accordance with the terms of the Offer investors whose subscription forms are received after this time will have their subscription automatically allocated to the Baronsmead Second Venture Trust plc offer for subscription, which remains open, unless the investor has specifically stipulated on the subscription form that they do not want this to happen.

The first allotment of new ordinary shares in the Company under the Offer is expected to be on or around 7 February 2019. Dealings in the new ordinary shares issued pursuant to the Offer will become effective on 8 February 2019.

For IFA enquiries please contact RAM Capital Partners LLP on 020 3006 7530 or email taxsolutions@ramcapital.co.uk for document requests.

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

baronsmeadvcts@greshamhouse.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

January 18, 2019 09:57 ET (14:57 GMT)

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