Blackfinch SpringVCT - Utilisation of Over-allotment Facility
31/03/2025 12:38
RNS Number : 9549C Blackfinch Spring VCT PLC 31 March 2025 31 March 2025 Blackfinch Spring VCT plc (the "Company") (ISIN: GB00BKV46W45) Offer for Subscription - utilisation of over-allotment facility On 9 September 2024, the Company launched an offer for subscription (the "Offer") seeking to raise £20 million in aggregate initially for the 2024/25 tax year. Following the successful launch, with applications received to date approaching £20 million, and considering the continuing level of demand, the Company's board of directors has resolved to utilise £10 million of the over-allotment facility of £20 million included in the Offer. This increases the amount that can be raised under the Offer to £30 million. The Company has issued a prospectus relating to the Offer, a copy of which is available from the Company's website: https://blackfinch.investments/vct/ The prospectus has also been submitted to the National Storage Mechanism and is available for viewing online at the following website: https://data.fca.org.uk/#/nsm/nationalstoragemechanism For further information, please contact: Blackfinch Investments Limited (Investment Manager) 01452 717070 The City Partnership (UK) Limited (Company Secretary) enquiries@city.uk.com This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END UPDWPUWWWUPAGGG