Baronsmead Venture - Publication of a Prospectus
07/03/2022 15:30
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RNS Number : 9095D Baronsmead Venture Trust PLC 07 March 2022
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 Venture Trust plc
LEI: 213800VQ1PQHOJXDDQ88
7 March 2022
Publication of a supplementary prospectus
Baronsmead Venture Trust plc (the "Company") and Baronsmead Second Venture
Trust plc ("BSVT") have today published a second supplementary prospectus
approved by the Financial Conduct Authority (the "Second Supplementary
Prospectus").
The publication of the Second Supplementary Prospectus is a regulatory
requirement under the Prospectus Regulation Rules following the publication on
3 March 2022 of the Company's unaudited net asset value as at 28 February
2022.
The Second Supplementary Prospectus is supplemental to, and should be read in
conjunction with, the prospectus published by the Company and BSVT on 4
November 2021 and the first supplementary prospectus published by the Company
and BSVT on 7 December 2021 in respect of offers for subscription to raise up
to £50 million in aggregate together with an over-allotment facility to raise
up to a further £25 million in aggregate.
A copy of the Second Supplementary Prospectus will shortly be available for
inspection at the National Storage Mechanism which is located at
https://data.fca.org.uk/#/nsm/mationalstoragemechanism
(https://data.fca.org.uk/#/nsm/mationalstoragemechanism) .
The Second Supplementary Prospectus is also available in electronic form on
the Company's website at www.baronsmeadvcts.co.uk
(http://www.baronsmeadvcts.co.uk) .
For further information please contact:
Baronsmead VCT Investor Relations
020 7382 0999 baronsmeadvcts@greshamhouse.com
(mailto: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 4 November 2021 by the Companies in connection with the proposed
admission of new ordinary shares to the premium segment of the Official List
of the FCA and to trading on London Stock Exchange plc's main market for
listed securities (together with the first supplementary prospectus published
by the Companies on 7 December 2021 and the Second Supplementary Prospectus
(together the "Supplementary Prospectuses")). Copies of the Prospectus and the
Supplementary Prospectuses are 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 and on the Company's
website (http://www.baronsmeadvcts.co.uk). Approval of the Prospectus and the
Supplementary Prospectuses by the FCA should not be understood as an
endorsement of the securities that are the subject of the Prospectus and the
Supplementary Prospectuses. Potential investors are recommended to read the
Prospectus and the Supplementary Prospectuses 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.
The distribution of this Announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.
This Announcement does not constitute, and may not be construed as, an offer
to sell, or the solicitation of an offer to acquire or subscribe for,
securities of the Companies in any jurisdiction where such offer or
solicitation is unlawful or would impose any unfulfilled registration,
qualification, publication or approval requirements on the Companies or
Dickson Minto W.S. The offer and sale of securities of the Companies has not
been and will not be registered under the applicable securities laws of
Australia, Canada, Japan, the Republic of South Africa or the United States.
Subject to certain exemptions, the securities of the Companies may not be
offered to or sold within Australia, Canada, Japan, the Republic of South
Africa, the United States or any member state of the EEA or to any national,
resident or citizen of Australia, Canada, Japan, the Republic of South Africa,
the United States, or any member state of the EEA.
This Announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This Announcement is not
an offer of securities for sale into the United States. The securities of the
Companies have not been and will not be registered under the US Securities Act
of 1933, as amended, and may not be offered or sold in the United States or to
any national, resident or citizen of the United States. No public offering of
securities is being made in the United States. In addition, neither of the
Companies have been and neither will be registered under the US Investment
Company Act of 1940, as amended.
The information in this Announcement is for background purposes only and does
not purport to be full or complete. No reliance may be placed for any purpose
on the information contained in this Announcement or its accuracy or
completeness. This Announcement does not constitute or form part of any offer
or invitation to sell or issue, or any solicitation of any offer to purchase
or subscribe for any securities of the Companies or any other securities nor
shall it (or any part of it) or the fact of its distribution, form the basis
of, or be relied on in connection with, any contract therefor. The material
contained in this Announcement is given as at the date of its publication
(unless otherwise marked) and is subject to updating, revision and amendment.
This Announcement does not constitute a recommendation concerning the
Companies or the Offers. The price and value of securities and any income from
them can go down as well as up. Past performance is not a guide to future
performance and prospective investors may not receive any return from the
Companies. Before purchasing any securities of the Companies, persons viewing
this Announcement should ensure that they fully understand and accept the
risks set out in the Prospectus and the Supplementary Prospectuses.
Information in this Announcement or any of the documents relating to the
Companies or the Offers cannot be relied upon as a guide to future
performance. Potential investors should consult a professional adviser as to
the suitability of the Offers for them.
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