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LONDON - Guinness VCT plc announced Monday it has completed the final allotment of shares under its subscription offer, which has now closed for further applications.
The venture capital trust issued 525,508 Ordinary Shares of 1p each on Monday, with offer prices ranging from 100.20p to 104.97p per share. The pricing was determined by reference to the latest published net asset value per share, according to the company’s statement.
This marks the final allotment under the offer that was launched pursuant to a prospectus dated September 11, 2024. The offer initially sought to raise up to £10 million with an over-allotment facility for up to a further £5 million.
Following this final allotment, Guinness VCT’s total number of Ordinary Shares in issue stands at 11,731,393, which includes one Ordinary Share issued as a subscriber share. This figure represents the total voting rights in the company.
The newly issued shares are expected to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange (LON:LSEG)’s main market for listed securities around July 2, 2025. CREST accounts should be credited shortly after allotment, with definitive documents of title expected to be dispatched within ten business days.
The company reported that a total of 4,065,691 Ordinary Shares have been issued pursuant to the offer since its launch.
The information was disclosed in a regulatory news service announcement issued by the company.
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