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IN BRIEF: Baronsmead Venture Raises GBP20 million Via Subscription

6th Jan 2021 20:21

Baronsmead Venture Trust PLC - investment firm based in London - Raises GBP20 million in a subscription offer launched in conjunction with with Baronsmead Second Venture Trust PLC. Says directors have decided to utilise the GBP17.5 million over allotment facility and subscriptions will be accepted to raise an additional GBP10 million. Adds the volume of subscriptions received from shareholders as well as the levels of investment activity may result in the release of the remaining GBP7.5 million of shares available under the over allotment facility.

Baronsmead Venture Trust current stock price: 69.50 pence

Year-to-date change: down 2.1%

Baronsmead Second Venture Trust current stock price: 74.50p

Year-to-date change: up 2.1%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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