Sign In
Last checked at 
18 Dec 2012 12:09
BARONSMEAD VCT 2 PLC - Offer UpdateBARONSMEAD VCT 2 PLC - Offer Update
PR Newswire
London, December 18
18 December 2012
Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc, Baronsmead VCT 4 plcand Baronsmead VCT 5 plc
Offers for Subscription - Update
On 20 November 2012 Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc,Baronsmead VCT 4 plc and Baronsmead VCT 5 plc (together "the Companies")published a Prospectus in relation to offers for subscription for new ordinaryshares of 10p each in each of the Companies, to raise in aggregate up to £30 million (before issue costs) (the "Offers" and each an "Offer"). The Offersopened on 11 December 2012.
The directors of Baronsmead VCT 2 plc have been advised that, on the basis ofthe Subscription Forms received at the close of business on 17 December 2012,the Offer for Baronsmead VCT 2 plc is fully subscribed and is now closed.Subscribers to this Offer whose Subscription Forms are received after itsclosure will have their Subscription re-allocated or returned in accordancewith their instructions on their Subscription Form and the Terms and Conditionsof Subscriptions.
The Offer for Baronsmead VCT plc became fully subscribed and closed on 14 December 2012. The Offers for Baronsmead VCT 3 plc, Baronsmead VCT 4 plc andBaronsmead VCT 5 plc are not yet fully subscribed and will remain open until 5 April 2013 (unless fully subscribed by an earlier date or previously extendedby the directors to no later than 30 April 2013). Valid applications to datefor these Offers are as follows:
Baronsmead VCT 3 plc £3.9 million
Baronsmead VCT 4 plc £3.1 million
Baronsmead VCT 5 plc £1.6million
The first allotment of new ordinary shares in the Companies is expected to beon or around 21 December 2012 with dealings expected to commence three BusinessDays thereafter.
For further information, please contact:
Michael Probin - Investor RelationsISIS EP LLPTelephone: 020 7506 5796
Follow the stocks
