BNS Baronsmead 4

 
TIDMBNS 
 
21 December 2012 
 
Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc, Baronsmead VCT 
4 plc and Baronsmead VCT 5 plc 
 
Offers for Subscription - Costs of the Offers Update 
 
On 20 November 2012 Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 
plc, Baronsmead VCT 4 plc and Baronsmead VCT 5 plc ("the Companies" and each a 
"Company") published a Prospectus in relation to offers for subscription for 
new ordinary shares of 10p each in each of the Companies ("New Shares"), to 
raise in aggregate up to GBP30 million (before issue costs) (the "Offers" and 
each an "Offer"). The Offers opened on 11 December 2012 and by 20 December 2012 
Baronsmead VCT plc, Baronsmead VCT 2 plc and Baronsmead VCT 3 plc had announced 
that each of their respective Offers were fully subscribed and therefore 
closed. As a result, Investors whose Subscription Forms are received seeking 
Subscription for New Shares in these Companies, will have their Subscription 
re-allocated or returned in accordance with their instructions on their 
Subscription Form and the Terms and Conditions of the Offers. 
 
Costs of the Offers 
 
The Offers for Baronsmead VCT 4 plc and Baronsmead VCT 5 plc remain open and as 
from 22 December 2012 the costs of their respective Offers will be revised from 
5.5% to 3.0%. The Offer Price of the New Shares is determined by the pricing 
formula being: the latest published NAV of an existing share at the time of 
allotment divided by X rounded up to the nearest 0.1p per share, where X is 
0.97 (to allow for costs of 3%). 
 
No introductory commission will be payable to authorised financial 
intermediaries from 20 December 2012 but, where permissible, annual trail 
commission will be paid by the Manager for up to four years, at the rate of 
0.4% of the aggregate amount subscribed from subscribers who have not received 
financial advice in respect of their subscriptions and their financial 
intermediary has acted in an "execution only" capacity. A revised Subscription 
Form has now been published and is available on the respective Companies' 
websites. 
 
For further information, please contact: 
 
Michael Probin - VCT Investor Relations Director 
 
ISIS EP LLP 
 
Telephone: 020 7506 5796 
 
 
 
END 
 

Grafico Azioni Baronsmead Vct 4 (LSE:BNS)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Baronsmead Vct 4 (LSE:BNS)
Storico
Da Lug 2023 a Lug 2024