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Blackfinch Spring VCT Plc Launches £20 Million Share Offer

Story Highlights
  • Blackfinch Spring VCT Plc issues a prospectus to raise £20 million through share subscriptions.
  • The board deems fee arrangements with Blackfinch Investments fair for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blackfinch Spring VCT Plc Launches £20 Million Share Offer

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Blackfinch Spring VCT Plc ( (GB:BFSP) ) has provided an announcement.

Blackfinch Spring VCT Plc has issued a prospectus for a new offer to raise up to £20 million, with an additional over-allotment facility of up to £20 million, through the subscription of ordinary shares. The investment manager, Blackfinch Investments Limited, will receive a fee for procuring subscribers and acting as the receiving agent. The board considers the fee arrangements fair and reasonable for shareholders. The offer opens on 11 September 2025 and will close by 24 August 2026. Additionally, the company’s net asset value per ordinary share adjusted for an interim dividend is 96.4p.

More about Blackfinch Spring VCT Plc

Blackfinch Spring VCT Plc operates in the financial services industry, focusing on venture capital trusts. It primarily offers investment opportunities through ordinary shares and aims to raise capital for growth-oriented ventures.

Technical Sentiment Signal: Buy

Current Market Cap: £59.59M

For a thorough assessment of BFSP stock, go to TipRanks’ Stock Analysis page.

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