REG - Baronsmead Second VT - EXTENSION OF THE OFFER

Baronsmead Second Venture TrustAnnouncement

13/03/2025 16:30

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RNS Number : 6189A  Baronsmead Second Venture Trust PLC  13 March 2025

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH
AFRICA, THE UNITED STATES OR ANY MEMBER STATE OF THE EEA (OTHER THAN ANY
MEMBER STATE OF THE EEA WHERE THE COMPANY'S SECURITIES MAY BE LEGALLY
MARKETED), OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS
ANNOUNCEMENT. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR FORM
PART OF ANY OFFER TO ISSUE OR SELL, OR ANY SOLICITATION OF ANY OFFER TO
SUBSCRIBE OR PURCHASE, ANY INVESTMENTS IN ANY JURISDICTION.

Baronsmead SECOND Venture Trust plc

(the "Company")

LEI: 2138008D3WUMF6TW8C28

 

13 March 2025

EXTENSION OF THE OFFER

 

On 10 January 2025 the Company and Baronsmead Venture Trust plc published a
prospectus (the "Prospectus") in relation to offers for subscription to raise
up to £30 million in aggregate with the discretion to utilise over-allotment
facilities to raise up to a further £20 million in aggregate (the "Offers"
and each an "Offer").

 

The second allotment date in respect of the Company, as set out in the
prospectus dated 10 January 2025, will be on Thursday, 3 April 2025. This
will be the final allotment date in relation to the 2024/25 tax year.

 

In order to be allotted shares in the second allotment, the date that
applications will need to be received has been extended to 4.00 pm on 2 April
2025. All Applications Amounts must be submitted via bank transfer and funds
must have cleared before the date of allotment.

 

If the Offer is not fully subscribed by 3 April 2025, or is otherwise closed
before this time at the discretion of the Board, there will be a third and
final allotment on or around 1 May 2025 in relation to the 2025/26 tax year.
 

 

 

For further information please contact:

 

Baronsmead VCT Investor Relations

Telephone: +44 (0)20 7382 0999

baronsmeadvcts@greshamhouse.com

 

Important Information

This Announcement is an advertisement for the purposes of the Prospectus
Regulation Rules of the UK Financial Conduct Authority ("FCA") and is not a
prospectus. This Announcement does not constitute or form part of, and should
not be construed as, an offer for sale or subscription of, or solicitation of
any offer to subscribe for or to acquire, any ordinary shares in Baronsmead
Venture Trust plc or Baronsmead Second Venture Trust plc (together the
"Companies") in any jurisdiction, including in or into Australia, Canada,
Japan, the Republic of South Africa, the United States or any member state of
the EEA (other than any member state of the EEA where the Companies'
securities may be lawfully marketed). Investors should not subscribe for or
purchase any ordinary shares referred to in this Announcement except on the
basis of information in the prospectus (the "Prospectus") in its final form,
published on 10 January 2025 by Baronsmead Venture Trust plc and Baronsmead
Second Venture Trust plc, in connection with the Offer. A copy of the
Prospectus  is available for inspection, subject to certain access
restrictions, from the Company's registered office, for viewing at the
National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and on the Company's
website (http://www.baronsmeadvcts.co.uk (http://www.baronsmeadvcts.co.uk) ).
Approval of the Prospectus by the FCA should not be understood as an
endorsement of the securities that are the subject of the Prospectus.
Potential investors are recommended to read the Prospectus before making an
investment decision in order to fully understand the potential risks and
rewards associated with a decision to invest in the Companies' securities.

 

 

 

 

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