Blackfinch Spring VCT PLC Issue of Equity
27 June 2024 - 7:08PM
RNS Regulatory News
RNS Number : 1573U
Blackfinch Spring VCT PLC
27 June 2024
Blackfinch Spring VCT plc (the
"Company")
Issue of Ordinary Shares of £0.01 each
("Ordinary Shares") pursuant to an Offer for Subscription dated 7
September 2023 of up to £20 million of Ordinary Shares with an
over-allotment facility for up to a further £10 million of Ordinary
Shares (the "Offer")
The Company announces an allotment on 26 June
2024 in respect of 1,067,083 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 102.94p
to 105.60p per Ordinary Share.
Following this allotment, the number of
Ordinary Shares in issue is 41,445,054 (including 2 Ordinary Shares
issued as subscriber shares).
Therefore, the total number of voting rights in
the Company is 41,445,054.
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 5 July
2024. 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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