Praetura Growth VCT
plc
Issue of Ordinary
Shares
LEI: 9845004ZDC57AB064B97
On 8 November 2024, Praetura Growth
VCT plc (the "Company")
issued a prospectus (the "Prospectus") relating to an offer for
subscription of up to £10 million of ordinary shares of £0.01 each
("Ordinary Shares"),
together with an over-allotment facility of up to a further £10
million of Ordinary Shares (the "Offer").
The Board of the Company are pleased
to announce that, pursuant to the Offer:
· on 10
December 2024, 106,411 Ordinary Shares were allotted in relation to
the 2024/25 tax year (the "Allotment").
In accordance with the terms and
conditions of the Offer, the offer prices at which the Ordinary
Shares were allotted ranged
from 95.98p to 97.00p per Ordinary Share and
were calculated by reference to the latest published NAV per
Ordinary Share in the Company being 95.97p per Ordinary
Share.
Following the Allotment, the total
number of Ordinary Shares in issue is 3,534,066 (including one
original subscriber Ordinary Share). Therefore, the total number of
voting rights in the Company is 3,534,066. 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 the 106,411 Ordinary
Shares to be admitted to the Official List of the Financial Conduct
Authority and to trading on the London Stock Exchange's main market
for listed securities will be made shortly and dealings are
expected to commence on or around 16 December 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:
Sam McArthur
Praetura Ventures Limited
(Investment Manager)
sam.mcarthur@praetura.co.uk
Marc Proudfoot
Howard Kennedy Corporate Services
LLP
020 3755 5459