Draper Esprit VCT plc Offer For Subscription Overallotment Facility

 
TIDMDEVC 
 
   Draper Esprit VCT plc 
 
   LEI: 2138003I9Q1QPDSQ9Z97 
 
   2 March 2021 
 
   Offer for Subscription Overallotment Facility 
 
   On 16 February 2021, Draper Esprit VCT plc (the "Company") published a 
prospectus in connection with an offer for subscription in respect of 
new ordinary shares (the "Offer"), seeking to raise up to GBP5 million 
with an option to extend it via an over-allotment facility of up to an 
additional GBP15 million. 
 
   The board of the Company is pleased to report that the Offer has already 
raised in excess of GBP4 million and announces that they have exercised 
the option to utilise the over-allotment facility and extend the 
capacity of the Offer to GBP20 million. 
 
   In respect of the 2020/21 tax year, the Offer will close at 10:00 a.m. 
on 1 April 2021 and, in respect of the 2021/22 Tax Year, it will close 
at 4:00 p.m. on 31 July 2021 (unless extended or fully subscribed 
earlier). 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 02, 2021 02:00 ET (07:00 GMT)

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