---
title: "Baronsmead Second Venture Trust Extends Share Offer and Issues New Equity Ahead of Tax Relief Cut"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281534272.md"
description: "Baronsmead Second Venture Trust PLC has announced the allotment of 12,370,324 new ordinary shares priced between 47.27p and 49.56p, with an average price of 48.01p. The total ordinary shares will rise to 495,704,729, providing 432,792,488 voting rights. The fundraising offer has been extended into the 2026/27 tax year, with a final allotment expected around 14 May 2026, ahead of a planned reduction in VCT income tax relief from 30% to 20%."
datetime: "2026-04-02T13:32:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281534272.md)
  - [en](https://longbridge.com/en/news/281534272.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281534272.md)
---

# Baronsmead Second Venture Trust Extends Share Offer and Issues New Equity Ahead of Tax Relief Cut

### End of Quarter Sale - 50% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Baronsmead Second Venture ( (GB:BMD) ) has provided an announcement.

Baronsmead Second Venture Trust PLC has allotted 12,370,324 new ordinary shares under its ongoing offer for subscription, priced between 47.27p and 49.56p, with an average issue price of 48.01p, and will seek admission of these shares to trading on the London Stock Exchange around 8 April 2026. Following this issue, total ordinary shares rise to 495,704,729, giving 432,792,488 voting rights, while the board has extended the fundraising offer into the 2026/27 tax year with a final allotment expected on or around 14 May 2026, ahead of a planned reduction in VCT income tax relief from 30% to 20%.

**More about Baronsmead Second Venture**

Baronsmead Second Venture Trust PLC is a UK-listed venture capital trust that provides investors with exposure to a diversified portfolio of smaller, growth-oriented companies. The trust focuses on delivering tax-efficient returns to UK investors by investing in qualifying holdings under the Venture Capital Trust regime, with its shares traded on the London Stock Exchange’s main market.

**Average Trading Volume:** 842,527

**Technical Sentiment Signal:** Sell

For a thorough assessment of BMD stock, go to TipRanks’ Stock Analysis page.

### Related Stocks

- [NVT.UK](https://longbridge.com/en/quote/NVT.UK.md)
- [OXH.UK](https://longbridge.com/en/quote/OXH.UK.md)
- [OXT.UK](https://longbridge.com/en/quote/OXT.UK.md)

## Related News & Research

- [Baronsmead Second Venture Trust Expands Share Capital With New LSE Admission](https://longbridge.com/en/news/282011268.md)
- [Oxford Technology 2 VCT Director Increases Stake with Off-Market Share Purchase](https://longbridge.com/en/news/286072961.md)
- [13:47 ETEcoShield Pest Solutions Launches Nationwide Memorial Day Fundraiser Supporting Wounded Warrior Project](https://longbridge.com/en/news/286950848.md)
- [CPIPG Communication Concerning Voluntary Offer on NEXT RE Shares – Provisional Results Announcement](https://longbridge.com/en/news/286600329.md)
- [NuxGame Partners With 155.io to Bring Mobile-First Games to iGaming Operators](https://longbridge.com/en/news/287214137.md)