Blackfinch Spring VCT PLC Issue of Equity
February 29 2024 - 8:28AM
RNS Regulatory News
RNS Number : 0150F
Blackfinch Spring VCT PLC
29 February 2024
Blackfinch Spring VCT plc (the
"Company")
Issue of Ordinary Shares of £0.01 each
("Ordinary Shares") pursuant to an Offer for Subscription dated 7
September 2023 of up to £20 million of Ordinary Shares with an
over-allotment facility for up to a further £10 million of Ordinary
Shares (the "Offer")
The Company announces an allotment on 28
February 2024 in respect of 1,445,248 Ordinary Shares
pursuant to the Offer. In accordance with the Offer Price set
out in the prospectus containing details of the Offer, the
subscription prices at which Ordinary Shares were allotted ranged
from 101.54p to 106.33p per Ordinary Share.
Following this allotment, the number of
Ordinary Shares in issue is 32,324,200 (including 2 Ordinary Shares
issued as subscriber shares).
Therefore, the total number of voting rights in
the Company is 32,324,200.
This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change of interest in,
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
Application for these Ordinary Shares to be
admitted to the Official List of the Financial Conduct Authority
and to trading on the premium segment of the London Stock
Exchange's main market for listed securities will be made shortly
and dealings are expected to commence on or around 8 March
2024. CREST accounts are expected to be credited as soon as
practicable following the allotment and definitive documents of
title are expected to be dispatched within ten business days of
allotment.
For further
information, please contact:
Blackfinch Investments Limited (Investment
Manager)
01452 717070
The City Partnership (UK) Limited (Company
Secretary)
enquiries@city.uk.com
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END
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