We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blackfinch Spring Vct Plc | LSE:BFSP | London | Ordinary Share | GB00BKV46W45 | ORD �0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 94.00 | 92.00 | 96.00 | 94.00 | 94.00 | 94.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 438k | -326k | -0.0118 | -79.66 | 25.92M |
TIDMBFSP
RNS Number : 1650Y
Blackfinch Spring VCT PLC
02 September 2022
2 September 2022
Blackfinch Spring VCT plc (the "Company")
Publication of Prospectus and Circular
The Company has issued a prospectus dated 2 September 2022 (the "Prospectus"), relating to a proposed offer for subscription of ordinary shares of 1p each in the Company ("Shares") to raise up to GBP20 million with an over-allotment of up to a further GBP10 million (the "Offer"), and a circular (the "Circular") in connection with the Offer, following approval from the Financial Conduct Authority.
The Circular includes a notice of a general meeting to be held on 7 October 2022 (the "General Meeting").
Pursuant to an agreement dated 2 September 2022 relating to the Offer between, inter alia, the Company and Blackfinch Investments Limited, the Company's investment manager (the "Manager"), the Manager will receive:
-- an initial charge of 2.5 per cent. of the gross funds raised under the Offer by the Company; and
-- a further charge of up to 3 per cent of gross funds raised under the Offer by the Company from investors who have not invested their money through a financial intermediary ("Direct Investors");
As the Manager is the Company's investment manager and, therefore, a related party of the Company under the Listing Rules, the payment of the above fees by the Company to the Manager is a transaction to which Listing Rule 11.1.10R applies. Accordingly, the Offer is conditional on shareholders passing Resolutions 1 to 3 at the General Meeting.
The Offer will open on 2 September 2022 and will close at 3pm on 3 April 2023 for the 2022/2023 tax year and 3pm on 23 August 2023 for the 2023/2024 tax year, or earlier if the Offer is fully subscribed. The board of the Company reserves the right to close the Offer earlier.
The prospectus and circular will shortly be available for inspection at the National Storage Mechanism, which is located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
and on the Company's website
www.blackfinch.ventures/vct
For further information please contact:
Blackfinch Investments Limited (Investment Manager)
01452 717070
The City Partnership (UK) Limited (Company Secretary)
enquiries@city.uk.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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
PDIBUGDCGBGDGDD
(END) Dow Jones Newswires
September 02, 2022 11:11 ET (15:11 GMT)
1 Year Blackfinch Spring Vct Chart |
1 Month Blackfinch Spring Vct Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions