Blackfinch Spring VCT PLC Issue of Equity (9153E)
July 04 2023 - 5:27AM
UK Regulatory
TIDMBFSP
RNS Number : 9153E
Blackfinch Spring VCT PLC
04 July 2023
Blackfinch Spring VCT plc (the "Company")
Issue of Ordinary Shares of GBP0.01 each ("Ordinary Shares")
pursuant to an Offer for Subscription dated 2 September 2022 of up
to GBP20 million of Ordinary Shares with an over-allotment facility
for up to a further GBP10 million of Ordinary Shares (the
"Offer")
The Company announces an allotment on 30 June 2023 in respect of
402,228 Ordinary Shares pursuant to the Offer. In accordance with
the Offer Price set out in the prospectus containing details of the
Offer, the subscription prices at which Ordinary Shares were
allotted ranged from 92.18p to 95.03p per Ordinary Share.
Following this allotment, the number of Ordinary Shares in issue
is 27,015,722 (including 2 Ordinary Shares issued as subscriber
shares).
Therefore, the total number of voting rights in the Company is
27,015,722. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change of
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Application for these Ordinary Shares to be admitted to the
Official List of the Financial Conduct Authority and to trading on
the premium segment of the London Stock Exchange's main market for
listed securities will be made shortly and dealings are expected to
commence on or around 7 July 2023. CREST accounts are expected to
be credited as soon as practicable following the allotment and
definitive documents of title are expected to be dispatched within
ten business days of allotment.
For further information, please contact :
Blackfinch Investments Limited (Investment Manager)
01452 717070
The City Partnership (UK) Limited (Company Secretary)
enquiries@city.uk.com
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END
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