Baronsmead Venture Trust PLC Intention to Fundraise (9459M)
03 August 2017 - 2:00AM
UK Regulatory
TIDMBVT
RNS Number : 9459M
Baronsmead Venture Trust PLC
02 August 2017
Baronsmead Venture Trust plc
Announcement of Intention to Launch an Offer for
Subscription
The Directors of Baronsmead Venture Trust plc ("the Company")
are pleased to announce that the Company intends to launch an offer
for subscription ("the Offer"). The current intention is to raise
up to GBP20 million (before issue costs).
The funds raised by the Company pursuant to its Offer will be
added to the liquid resources available for investment to put the
Company into a position to take advantage of attractive investment
opportunities over the next two to three years.
Full details of the Offer will be contained in a prospectus that
is expected to be published in October 2017.
For further information, please contact:
Michael Probin - VCT Investor Relations Director
Telephone: 020 7506 5796
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations ((EU) No. 596/2014). Upon the
publication of this announcement via Regulatory Information Service
this inside information is now considered to be in the public
domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPTMATMBTMBFR
(END) Dow Jones Newswires
August 02, 2017 12:00 ET (16:00 GMT)
Baronsmead Venture (LSE:BVT)
Historical Stock Chart
From Apr 2024 to May 2024
Baronsmead Venture (LSE:BVT)
Historical Stock Chart
From May 2023 to May 2024