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Fuel Ventures VCT plc's board extended the closing date of its Offer for Subscription, which aims to raise up to £10 million in Ordinary Shares with an over-allotment facility for a further £40 million. The deadline moved from 31 July 2024 to 29 November 2024, by which time all applications with cleared funds must be received. Since its launch in December 2023, the Company has raised £9.2 million under the Offer.
| Date | 31 Jul 2024 |
| Time | 13:23:23 |
| Category | Miscellaneous |
| ID | 6300Y |
Fuel Ventures VCT plc (the "Company")
Extension of the Closing Date of an Offer for Subscription for up to £10 million of Ordinary Shares of 1p each ("Ordinary Shares") with an over-allotment facility for up to a further £40 million of Ordinary Shares (the "Offer")
The Company's board of directors announces that the closing date of the Offer shall be extended from the initial closing date (31 July 2024) to Friday 29 November 2024.
Completed paper/pdf/scanned (offline) applications with cleared funds have to be received by no later than 5.00pm on 29 November 2024; and completed online applications with cleared funds also have to be received by no later than 5.00pm on 29 November 2024.
The Company has raised £9.2 million under the Offer since it was launched in December 2023.
For further information, please contact:
Stan Williams
Fuel Ventures Limited (Partner)
stan@fuel.ventures
Marc Proudfoot
Howard Kennedy Corporate Services LLP
020 3755 5459
Robin Smeaton
The City Partnership (UK) Limited (Company Secretary)
enquiries@city.uk.com