14th Nov 2007 10:05
Close Enterprise VCT PLC14 November 2007 Close Enterprise VCT PLC Proposed fund raising Close Enterprise VCT PLC announces a further offer for subscription of up to 20million new shares. A prospectus in connection with the further offer isexpected to be published on or about 23 November 2007. Managed by Close Ventures, Close Enterprise VCT aims to provide investors withregular, consistent income plus long term capital growth, by investing up tobroadly 50 per cent. of its funds in lower risk, asset-based businesses,principally within the leisure sector and related areas. The balance of the netfunds raised through the further offer will be invested in higher growthbusinesses across a variety of sectors of the UK economy ranging from lowerrisk, income producing businesses to higher risk technology companies. Enquiries: Patrick ReeveManaging DirectorClose Ventures Limited020 7422 7830 Katie Standley/ Jane LewisWinterflood Investment Trusts020 3100 0297/0295 Roddi Vaughan-ThomasPeregrine Communications020 7822 2303 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Albion En. Vct