Close Brothers Aim Vct PLC
13 September 2004
13 September 2004
Close Brothers AIM VCT plc
Further to the announcement of a 10% top-up share offering on 12 May 2004, Close
Brothers AIM VCT plc ('the Company') announces that it has now issued a further
659,853 Ordinary Shares to investors. These Ordinary Shares rank pari passu
with the existing Ordinary Shares in the Company and were issued at a price of
82.5p per share in line with the pricing formula in the top-up offer document,
based on a Net Asset Value of 78.1p per Ordinary Share as at the close of
business on Thursday 9 September 2004. Dealings are expected to commence in the
new Ordinary Shares on 14 September 2004. Share certificates are expected to be
despatched or CREST accounts credited by 28 September 2004. Following this
allotment, the Company has 33,942,352 Ordinary Shares and 3,343,628 D Shares in
issue.
This 10% Top-up issue is now deemed fully subscribed, having issued 3,086,070
Ordinary Shares but the Board is pleased to announce that it intends to open a
further Top-up Offer of up to 2,913,930 Ordinary Shares issue to accommodate the
demand for Ordinary Shares which it has seen recently. Details of the further
Top-up Offer are expected to be published shortly. Following this issue, it is
expected that the Company will then publish a prospectus with regard to a
further 'D' Share offer.
Lenny Norstrand or Ben Prior 0207 246 1162
Brewin Dolphin Securities
Andrew Buchanan 0207 426 4000
Close Investment Limited
This information is provided by RNS
The company news service from the London Stock Exchange
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