Baronsmead Venture Trust PLC Offer for Subscription - Update (5474N)
January 18 2019 - 9:57AM
UK Regulatory
TIDMBVT
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
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contact rns@lseg.com or visit www.rns.com.
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