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Blackfinch Spring VCT plc launched an Offer for Subscription on 11 September 2025, initially seeking to raise £20 million. The Company's board of directors resolved to utilise £10 million of its £20 million over-allotment facility, following applications for the Offer approaching £20 million, increasing the total amount that can be raised to £30 million.
| Date | 31 Mar 2026 |
| Time | 09:45:30 |
| Category | Corporate updates |
| ID | 8433Y |
31 March 2026
Blackfinch Spring VCT plc (the "Company")
(ISIN: GB00BKV46W45)
Offer for Subscription - utilisation of over-allotment facility
On 11 September 2025, the Company launched an offer for subscription (the "Offer") seeking to raise £20 million in aggregate initially for the 2025/26 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)