Last checked at 
14 Sep 2021 09:33
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Baronsmead Venture Trust plc
14 September 2021
Update on Offer for Subscription
Following the announcement made on 5 August 2021, the Board of Baronsmead Venture Trust plc (the "Company") has discussed the size and structure of the proposed offer for subscription which the Company intends to launch in conjunction with Baronsmead Second Venture Trust plc ("BSVT") (the "Offer") with the Company's investment manager and BSVT. Having considered the deployment of funds over the year and the current pipeline of investment opportunities, each of the Company and BSVT is seeking to raise £25 million with the discretion to utilise an over-allotment facility of up to a further £12.5 million each.
The prospectus, which will contain the full details and terms and conditions of the Offer, will be available from www.baronsmeadvcts.co.uk as soon as the Offer is launched, which is expected to be towards the beginning of November 2021. Further details with respect to the Company's Offer will be announced in due course.
For further information please contact:
Baronsmead VCT Investor Relations
Telephone - 020 7382 0999
baronsmeadvcts@greshamhouse.com
Notes
This announcement does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe for or purchase, any investment in any jurisdiction, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefor.