Baronsmead Second Venture Trust to Maximise Over-Allotment as Offer Nears Full Subscription

Tip Ranks
2026.03.11 14:03
portai
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Baronsmead Second Venture Trust plc has announced strong investor demand for its share offer, aiming to raise up to £30 million, with an additional £20 million available through over-allotment. Valid applications have already exceeded £12 million, indicating a likely full subscription. The board plans to utilize the £10 million over-allotment facility to enhance fundraising. The final share allotment for the 2025/26 tax year is set for 2 April 2026, supporting investments in smaller UK companies.