BNS Baronsmead 4

 
TIDMBNS 
 
Baronsmead VCT 4 plc 
 
                     Allotment of Shares & Close of Offer 
 
Allotment of shares 
 
On 12 January 2012, Baronsmead VCT 4 plc ("the Company"), Baronsmead VCT plc, 
Baronsmead VCT 2 plc and Baronsmead VCT 3 plc launched separate offers for 
subscription for new ordinary shares of 10p each to raise up to GBP4,135,000 per 
company, before expenses, and GBP16,540,000 in aggregate ("the Offers" and each 
an "Offer"). The Company announced on 7 February 2012 that its Offer had become 
fully subscribed. 
 
The Company announces the allotment of 4,118,232 New Ordinary Shares has taken 
place today at an Offer Price of 100.40p per share pursuant to the Offer 
raising GBP4,135,000 (before expenses). 
 
In accordance with the Offer document dated 12 January 2012, the Offer Price at 
which the New Ordinary Shares have been allotted in the Company was calculated 
on the basis of the following formula: 
 
Latest published net asset value of an existing Ordinary Share on the day of 
allotment divided by 0.9525 (to allow for issue costs of 4.75 per cent.) 
rounded up to the nearest 0.1p per share. 
 
As a result, the Offer Price was calculated as follows: 
 
        Offer Price of New Ordinary Shares Allotted on 20 February 2012 
 
                                            Baronsmead VCT 4 plc 
 
                                       (pence per New Ordinary Share) 
 
Latest published NAV as at 31 January              95.56 
2012 
 
Latest published NAV divided by 0.9525             100.33 
 
Offer Price (rounding up to nearest                100.40 
0.1p) 
 
The number of New Ordinary Shares allotted and the total number of Ordinary 
Shares in issue after the allotment are shown below: 
 
                               New Ordinary Shares Ordinary Shares 
                                  allotted (1)         in issue 
                                                      following 
                                                    allotment (2) 
 
Baronsmead VCT 4 plc                4,118,232         68,521,061 
 
 1. includes shares allotted with respect to any commissions waived and 
    reinvested 
 
 2. includes 6,128,593 shares held in Treasury 
 
The New Ordinary Shares rank pari passu in all respects with the existing 
Ordinary Shares. 
 
Application has been made to the UK Listing Authority and the London Stock 
Exchange for the New Ordinary Shares to be admitted to the Official List and to 
trade on the London Stock Exchange's main market for listed securities. It is 
expected that admission will become effective and dealings will commence on, or 
around, 22 February 2012. Definitive documents of title and income tax relief 
certificates are expected to be dispatched within ten business days of 
allotment. 
 
Close of the Offer 
 
Accordingly, following the allotment of New Ordinary Shares today, the Offer 
has closed. 
 
For further information please contact: 
 
Michael Probin VCT Investor Relations Director ISIS EP LLP 020 7506 5796 
 
 
 
END 
 

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