Utilisation of Over-allotment Facility

Blackfinch Spring VCT PLC

31 March 2025

 

31 March 2025

Blackfinch Spring VCT plc (the "Company")

(ISIN: GB00BKV46W45)

Offer for Subscription - utilisation of over-allotment facility

On 9 September 2024, the Company launched an offer for subscription (the "Offer") seeking to raise £20 million in aggregate initially for the 2024/25 tax year.

Following the successful launch, with applications received to date approaching £20 million, and considering the continuing level of demand, the Company's board of directors has resolved to utilise £10 million of the over-allotment facility of £20 million included in the Offer.  This increases the amount that can be raised under the Offer to £30 million.

The Company has issued a prospectus relating to the Offer, a copy of which is available from the Company's website:

https://blackfinch.investments/vct/

The prospectus has also been submitted to the National Storage Mechanism and is available for viewing online at the following website:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

Blackfinch Investments Limited (Investment Manager)

01452 717070

The City Partnership (UK) Limited (Company Secretary)

[e-mail]

 

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