NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME COULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA.
This announcement does not constitute an offer to sell, or the solicitation of an offer to subscribe for, or to buy shares in any jurisdiction.
Baronsmead Second Venture Trust plc
29 November 2017
Publication of a supplementary prospectus
Baronsmead Second Venture Trust plc (the "Company") and Baronsmead Venture Trust ("BVT" and together the "Companies") have today published a Supplementary Prospectus approved by the UK Listing Authority. It is a regulatory requirement to publish a supplementary prospectus following the publication of the audited annual report and financial statements for the year ended 30 September 2017.
The Supplementary Prospectus is supplemental to, and should be read in conjunction with, the Prospectus published by the Company on 4 October 2017 (the "Prospectus") in relation to an offer for subscription to raise up to £24 million (the "Offer").
The Company has raised gross proceeds of over £21 million pursuant to the Offer and there remains approximately £3 million of New Shares available for allotment. As announced on 24 November 2017 the final allotment of New Shares pursuant to the Offer is expected to take place on or around 20 December 2017 or earlier if the Offer becomes fully subscribed.
The supplementary prospectus will shortly be available for inspection at www.morningstar.co.uk/uk.NSM and at the Company's website at www.baronsmeadvcts.co.uk.
Definitions
Terms defined in the Prospectus have the same meanings in this announcement unless the context requires otherwise.
Further information
Michael Probin
VCT Investor Relations Director
Telephone: 0207 7506 5796
