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Baronsmead Second Venture Trust is an Investment Trust

To achieve long-term investment returns for private investors by investing primarily in a diverse portfolio of UK growth businesses, whether unquoted or traded on AIM.

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Intention to Fundraise

2 Aug 2017 17:00

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 £25 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
 
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MSCOKBDBPBKDCFK
Date   Source Headline
3rd Jan 200810:04 amRNSDirector/PDMR Shareholding
3rd Jan 200810:00 amRNSDirector/PDMR Shareholding
31st Dec 200711:40 amRNSConversion of Securities
7th Dec 200712:00 pmRNSNet Asset Value(s)
29th Nov 200710:55 amRNSDividend Declaration
12th Nov 20074:41 pmRNSNet Asset Value(s)
12th Nov 20072:27 pmRNSNet Asset Value(s)
3rd Oct 20071:54 pmRNSDirector/PDMR Shareholding
3rd Oct 20071:51 pmRNSDirector/PDMR Shareholding
3rd Oct 20071:44 pmRNSDirector/PDMR Shareholding
25th Sep 20072:37 pmRNSIssue of Equity
25th Sep 20072:34 pmRNSIssue of Equity
14th Sep 200710:58 amRNSNet Asset Value(s) - Amendmnt
7th Sep 20074:29 pmRNSNet Asset Value(s)
24th Aug 200712:24 pmRNSDoc re. Interim Report
24th Aug 200712:22 pmRNSIssue of Equity
17th Aug 200710:10 amRNSTransaction in Own Shares
15th Aug 200712:02 pmRNSNet Asset Value(s)
15th Aug 200710:40 amRNSInterim Results - Replacement
15th Aug 20079:44 amRNSInterim Results - Replacement
15th Aug 20077:30 amRNSInterim Results
29th Jun 20077:30 amRNSTransaction in Own Shares
11th Jun 200710:09 amRNSNet Asset Value(s)
16th May 200711:47 amRNSNet Asset Value(s)
15th May 20075:08 pmRNSNet Asset Value(s)-Amendment
15th May 20079:38 amRNSNet Asset Value(s)
3rd May 20075:45 pmRNSDirector/PDMR Shareholding
3rd May 20075:45 pmRNSDirector/PDMR Shareholding
3rd May 20075:45 pmRNSDirector/PDMR Shareholding
17th Apr 20073:42 pmRNSAGM Statement
30th Mar 20074:12 pmRNSTransaction in Own Shares
14th Mar 200710:12 amRNSHolding(s) in Company
13th Mar 20079:50 amRNSNet Asset Value(s)
6th Mar 20079:56 amRNSAnnual Information Update
6th Mar 20079:46 amRNSAnnual Report and Accounts
19th Feb 20073:15 pmRNSNet Asset Value(s)
12th Feb 20079:42 amRNSFinal Results
21st Dec 200612:18 pmRNSTotal Voting Rights
20th Dec 200612:42 pmRNSManagement Fee Arrangements
12th Dec 200610:04 amRNSManager Performance Incentive
8th Dec 20062:06 pmRNSNet Asset Value(s)
20th Nov 20063:42 pmRNSNet Asset Value(s)
8th Nov 20062:42 pmRNSNet Asset Value(s)
24th Oct 20064:02 pmRNSDirector/PDMR Shareholding
24th Oct 20063:56 pmRNSDirector/PDMR Shareholding
29th Sep 20064:25 pmRNSTransaction in Own Shares
11th Sep 20064:02 pmRNSNet Asset Value(s)
25th Aug 200611:00 amRNSDoc re. Interim Results
16th Aug 200610:33 amRNSTransaction in Own Shares
11th Aug 20062:51 pmRNSInterim Results

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