REG - Molten Ventures VCT - Offer for Subscription - Update

Molten Ventures VCTAnnouncement

24/02/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260224:nRSX0845Ua&default-theme=true

RNS Number : 0845U  Molten Ventures VCT PLC  24 February 2026

Offer Update

Molten Ventures VCT plc (the "Company")

LEI Code 2138003I9Q1QPDSQ9Z97

 

Molten Ventures VCT plc Prospectus Offer 2025/2026

The Company published a prospectus on 7 October 2025, ("the Prospectus")
containing an offer for subscription of up to £10 million with an
overallotment facility for a further £20 million through the issue of new
shares.

 

Following strong demand for the Company's shares under the Prospectus, the
Board is pleased to announce that it has elected to exercise a further £10
million of the Company's £20 million overallotment facility referred to in
the Offer.

 

Accordingly, the amount that the Company can raise under the Prospectus is
increased from £10 million to £20 million (before issue costs).

 

The Prospectus opened on 7 October 2025 with a first close for the 2025/2026
tax year no later than 1 April 2026 (unless fully subscribed by an earlier
date or previously closed). Valid applications for the 2025/26 tax year should
be completed with remitted funds by 10.00 am 1 April 2026.

 

It should be noted that subsequent to the publication of the Prospectus Offer,
in the Budget held on 26 November 2025 it was announced that the initial tax
reliefs for applications for the 2026/2027 tax year will reduce from 30% to
20% for UK qualifying taxpayers. This change is still subject to Royal Assent.

 

Full details of the Offer are contained in the Prospectus a downloadable
version is available from:

 https://investors.moltenventures.com/investor-relations/vct/key-documents
(https://investors.moltenventures.com/investor-relations/vct/key-documents)

 

Terms used in this announcement have the same meaning as defined in the
Prospectus.

 

The VCT Board recently issued an update to Shareholders following its interim
results.  To access the update please copy and paste the url below into your
browser.

 

https://investors.moltenventures.com/storage/uploads/VCT/Shareholder%20Mailings/Molten%20VCT_Update_Feb26_5%20FINAL_gculc.pdf?utm_source=Molten+VCT+Shareholder+Mailing+List&utm_campaign=5394e626ea-EMAIL_CAMPAIGN_2026_02_19_01_03&utm_medium=email&utm_term=0_-5394e626ea-745695038

 

24 February 2026

 

Enquiries:

For further information please contact the Manager on 020 7931 8800 or via
email to vct@molten.vc

Sales enquiries should be directed to RAM Capital on 020 3006 7530 or via
email to taxsolutions@ramcapital.co.uk

Administrative queries should be directed to the company secretary ISCA
Administration Services Limited on 01392 487056.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  OUPTJMMTMTJTTJF



            Copyright 2019 Regulatory News Service, all rights reserved