PHXC Phoenix Vct'c'

RNS Number:1101W
Phoenix VCT PLC
22 December 2005


PHOENIX VCT PLC (the "Company")
22 December 2005

Doc re: Offer for Subscription

A copy of the below document relating to Phoenix VCT plc has been submitted to
the UK Listing Authority and will shortly be available for public inspection at
the UK Listing Authority's Document Viewing Facility:

Offer for subscription of 2,488,018 C Shares at an issue price of 100p per share
payable in full on application.

The UK Listing Authority's Document Viewing Facility is situated at:

Document Viewing Facility
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

Tel: 020 7066 1000

Additionally, the Company also wishes to announce that during the year ended 31
October 2004 Media Square plc, BBI Holdings plc, TRL Electronics plc and
fountains plc were all invested in. During this period funds being managed by
the same investment manager also made investments in these companies.

ENDS




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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