Baronsmead Second Venture Trust extends fundraising offer

Published 25/04/2025, 12:10
Baronsmead Second Venture Trust extends fundraising offer

LONDON - Baronsmead Second Venture Trust PLC announced an extension to its current fundraising offer, initially set to close after reaching its £30 million target with the option to increase to £50 million. As of the close of business on Monday, the company had raised approximately £14.3 million.

The board has decided to add a fourth allotment of shares scheduled for Thursday, July 3, 2025. This is in addition to the previously scheduled third allotment on May 1, 2025. Interested investors are required to submit their applications by 9:00 am on Monday, June 30, 2025, with all application amounts needing to be transferred via bank and cleared before the allotment date.

The offer, detailed in a prospectus published on January 10, 2025, aims to raise capital for the company through subscriptions for new shares. The extension provides additional time for potential investors to participate in the offer.

It is important to note that the information provided is based on a press release statement, and the offer is not open for distribution or publication in certain jurisdictions, including Australia, Canada, Japan, the Republic of South Africa, the United States, or any member state of the EEA where the company’s securities cannot be legally marketed, among others.

The announcement is significant for investors interested in the venture trust, as it offers an extended opportunity to invest in the company. Baronsmead Second Venture Trust PLC is a listed company and potential investors should consider the prospectus and other regulatory disclosures before making investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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