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LONDON - Baronsmead Venture Trust plc (BVT) announced today that it has closed its offer to new applications after receiving sufficient valid subscriptions.
The company stated that no further applications for shares under the BVT Offer will be accepted. The fourth and final allotment under the offer is expected to take place on or around July 3, 2025.
This closure follows the January 10, 2025 announcement when Baronsmead Venture Trust, together with Baronsmead Second Venture Trust plc, published a prospectus for subscription offers aiming to raise up to £30 million in aggregate. The offers included discretion to utilize over-allotment facilities to raise up to an additional £20 million.
The company did not disclose the total amount raised through the offer in its press release statement.
Baronsmead Venture Trust plc trades under the LEI code 213800VQ1PQHOJXDDQ88.
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