Draper Esprit VCT plc Offer For Subscription Overallotment Facility
March 02 2021 - 1:00AM
UK Regulatory
TIDMDEVC
Draper Esprit VCT plc
LEI: 2138003I9Q1QPDSQ9Z97
2 March 2021
Offer for Subscription Overallotment Facility
On 16 February 2021, Draper Esprit VCT plc (the "Company") published a
prospectus in connection with an offer for subscription in respect of
new ordinary shares (the "Offer"), seeking to raise up to GBP5 million
with an option to extend it via an over-allotment facility of up to an
additional GBP15 million.
The board of the Company is pleased to report that the Offer has already
raised in excess of GBP4 million and announces that they have exercised
the option to utilise the over-allotment facility and extend the
capacity of the Offer to GBP20 million.
In respect of the 2020/21 tax year, the Offer will close at 10:00 a.m.
on 1 April 2021 and, in respect of the 2021/22 Tax Year, it will close
at 4:00 p.m. on 31 July 2021 (unless extended or fully subscribed
earlier).
(END) Dow Jones Newswires
March 02, 2021 02:00 ET (07:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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