Intention to Fundraise

RNS Number : 3904X

Baronsmead Venture Trust PLC

09 August 2018

 

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 a new offer for subscription ("the Offer") during the 2018/19 tax year. The current intention is for the Company and Baronsmead Second Venture Trust plc to raise up to £25 million in aggregate.

Full details of the Offer will be contained in a prospectus that is expected to be published in early 2019.  A further announcement will be made when the prospectus is available.

For further information, please contact:

Baronsmead VCT Investor Relations

Telephone - 020 7506 5717

[e-mail]

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.

 

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