Seneca Growth Capital VCT issues supplementary prospectus

Published 29/04/2025, 16:02
Seneca Growth Capital VCT issues supplementary prospectus

LONDON - Seneca Growth Capital VCT Plc announced the publication of a supplementary prospectus related to its ongoing offer for B ordinary shares. The supplementary document, approved by the Financial Conduct Authority, follows the release of the company’s annual report and financial statements for the year ended December 31, 2024.

The offer, detailed in the original prospectus dated September 12, 2024, remains open for the 2025/26 tax year until August 8, 2025, unless fully subscribed earlier. Investors aiming for the 1.5p B share dividend payment scheduled for May 23, 2025, must submit application forms and cleared funds by midday on May 6 for allotment by May 7. The company has specified that it will no longer accept cheques for payment as of the announcement date.

In light of the supplementary prospectus, the company has reminded investors of their rights to withdraw applications. Those who have agreed to purchase or subscribe for securities, but have not yet received their shares, may retract their acceptance within two working days following the supplementary prospectus publication. The deadline for withdrawal is set for 5:00 p.m. on May 1, 2025. Investors considering withdrawal are advised to seek legal counsel and must contact Seneca Partners Limited by telephone for the procedure.

The supplementary prospectus and application forms are available on the company’s website, and for inspection at the National Storage Mechanism.

This news is based on a press release statement by Seneca Growth Capital VCT Plc.

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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