Baronsmead Second Venture Trust PLC Intention to Fundraise (9462M)
August 02 2017 - 11:00AM
UK Regulatory
TIDMBMD
RNS Number : 9462M
Baronsmead Second Venture Trust PLC
02 August 2017
Baronsmead Second Venture Trust plc
Announcement of Intention to Launch an Offer for
Subscription
The Directors of Baronsmead Second 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 GBP25 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
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