Offer for subscription
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Update on Offer for Subscription
Globenewswire· 2025-12-10 18:00
Core Viewpoint - Hargreave Hale AIM VCT plc is set to open an offer for subscription of new ordinary shares, aiming to raise at least £20 million, with an option to raise an additional £10 million through an over-allotment facility [3]. Group 1: Offer Details - The offer is expected to commence around 27 January 2026 [3]. - The company will utilize new Prospectus Rules effective from 19 January 2026, which allows the offer to proceed without a full prospectus [4]. - An "early bird discount" of up to 2% on the application fee will be available for applications received by 12 March 2026, with a maximum aggregate subscription of £15 million [5]. Group 2: Future Announcements - Further details regarding the offer will be provided to shareholders and prospective investors once finalized [4]. - A subsequent announcement will be made upon the launch of the offer [6].