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9 Mar 2010 14:34
Baronsmead VCT 3 plc and Baronsmead VCT 4 plc (`the Companies') - Joint Offer Update
Offer for subscription of New Ordinary Shares to raise up to £16,000,000 in
aggregate ('the Joint Offer')
As at 9 March 2010, the Companies had received applications in respect of subscriptions totalling £12,448,000 in aggregate, representing approximately three quarters of the total amount being raised through the Joint Offer.
Provided the Joint Offer is not fully subscribed beforehand the subscription lists with respect to the second allotment will close at 5.00 pm on Thursday 25 March 2010.
Full details of the Joint Offer are contained in the summary, securities note, and registration document which together constitute a prospectus issued by the Companies ("Prospectus") and in the Supplementary Prospectus, all of which are available on the Companies' websites as follows:
www.baronsmeadvct3.co.ukandwww.baronsmeadvct4.co.uk
The Directors of the Companies reserve the right to vary the allotment timetable and close the Joint Offer before 1 April 2010 in accordance with the terms and conditions set out in the Prospectus.
For further information please contact:
Michael Probin ISIS EP LLP 020 7506 5796
Barry Lawson Secretary of the Companies 020 7506 5652
CFD-#8216792-v1
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