BNS Baronsmead 4

 
TIDMBNS 
 
Baronsmead VCT 4 plc 
 
Allotment of Shares 
 
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. 
 
The Company announces the allotment of New Shares has taken place today at an 
Offer Price of 107.50p per share pursuant to the Offer raising GBP3,862,366 
(before expenses) by 21 December 2012. 
 
In accordance with the Prospectus, the Offer Price at which the New 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 0.945 (to allow for issue costs of 5.5 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 Shares allotted on 24 December 2012 
 
                                                  Baronsmead VCT 4 plc 
                                                  (pence per Share) 
 
Latest published NAV as at 12 December 2012       101.53 
 
Latest published NAV divided by 0.945             107.44 
 
Offer Price (rounding up to nearest 0.1p)         107.50 
 
The number of New Shares allotted and the total number of Ordinary Shares in 
issue after the allotment are shown below: 
 
                                                  New Shares      Ordinary Shares 
                                                  allotted (1)    in issue following allotment (2) 
 
Baronsmead VCT 4 plc                              3,669,585       72,190,846 
 
1. Includes New Shares allotted with respect to any commissions waived and 
reinvested 
 
2. Includes 7,190,130 Ordinary Shares held in Treasury 
 
The New 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, 31 December 2012. Definitive documents of title and income tax relief 
certificates are expected to be dispatched within ten business days of 
allotment. 
 
For further information, please contact: 
 
Michael Probin - VCT Investor Relations Director 
ISIS EP LLP 
Telephone: 020 7506 5796 
 
 
 
END 
 

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