Update on impact of SVB failure. Read more 8mo
20602
Baronsmead Second Venture Trust plc has a strong track record of dividends and long-term investment performance.
The Baronsmead VCT funds are concentrated on sectors, markets and companies that benefit from long term structural growth trends.
Our VCT investment team has a wide network of entrepreneurs and broad specialist skills, injecting capital and support to push exciting businesses to the next level.
The Baronsmead VCT funds benefit from the experience of the wider Gresham House network, enabling the team to resource investees financially and practically, offering mentorship and advice throughout their development cycle.
Baronsmead Second Venture Trust plc has a large, diversified portfolio and maintains a robust pipeline of new investment opportunities – with an increasing rate of deployment.
Drawing on our VCT investment team’s extensive network and skills, we invest capital and provide support to push exciting businesses to the next level at pivotal points.
We concentrate our efforts on markets and companies benefiting from long term structural growth.
Prospective and current investors can invest in the Baronsmead VCTs by subscribing for shares when the Companies raise funds through new share issuance. Investors may also buy shares in the VCTs on the secondary market, but without the same tax benefits.
To check for any Offers currently open please visit our Offers page.
Investors can also access more information about the VCT share price and the company through the listed company (ticker: BSVT)
To receive information about share offers please sign up using the form below:
Prospective investors should carefully consider the risks associated with this form of investment and seek advice from a qualified financial adviser. Investment in smaller unquoted companies involves a higher degree of risk than investment in larger companies. VCT shares are infrequently traded, so shares are often valued at a discount to their Net Asset Value and may be difficult to realise. Shareholders may be offered a price which is less than the full value of the underlying assets.
Warning to Shareholders
Many companies are aware that their shareholders have received unsolicited phone calls or correspondence concerning investment matters. These are typically from “brokers” based overseas who target UK shareholders offering to sell them what often turn out to be worthless or high risk shares in US or UK investments. They can be very persistent and extremely persuasive. Shareholders are therefore advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers for free company reports.
Please note that it is very unlikely that either the Company or the Company Registrar, Computershare, would make unsolicited telephone calls to shareholders and that any such calls would relate only to official documentation already circulated to shareholders and never in respect of investment “advice”.
If you are in any doubt about the veracity of an unsolicited phone call, please call either the Company or the Registrar at the
numbers provided below.
Protect Yourself
If you are offered unsolicited investment advice, discounted shares, a premium price for shares you own, or free company or
research reports, you should take these steps before handing over any money or share certificates:
If you use an unauthorised firm to buy or sell shares or other investments, you will not have access to the Financial
Ombudsman Service (https://www.financial-ombudsman.org.uk/) or Financial Services Compensation Scheme
(https://www.fscs.org.uk/) if things go wrong.
Report a Scam
If you are approached about a share scam you should tell the FCA using the Share Fraud Reporting Form
(www.fca.org.uk/consumers/report-scam-unauthorised-firm), where you can find out about the latest investment scams.
You can also call the FCA Consumer Helpline on 0800 111 6768.
If you have already paid money (or otherwise dealt with share fraudsters) you should contact ActionFraud on 0300 123 2040 or use the ActionFraud (https://www.actionfraudalert.co.uk/) Online Reporting Tool.
More detailed information on this or similar activity can be found on the FCA website.
City Partnership LLP | Gresham House | |||
01484 240 910 https://gresham-house-vcts.cityhub.uk.com The City Partnership (UK) Limited The Mending Rooms Park Valley Mills Meltham Road Huddersfield HD4 7BH | 020 7382 0999 baronsmeadvcts@greshamhouse.com 5 New Street Square London, EC4A 3TW |
The 2023 Baronsmead Second Venture Trust plc AGM was held at Saddlers’ Hall, 40 Gutter Lane, London EC2V 6BR at 10.30am on Wednesday 1 February 2023.
An announcement regarding the Results of the 2023 AGM was released on 1 February 2023. The results are listed below.
Resolution name |
Votes for |
For (%) |
Votes against |
Against (%) |
Total votes |
Votes withheld |
% of Issued Share Capital voted |
Resolution 1 |
|
|
|
|
|
|
|
Report and financial statements |
13,461,240 |
98.67 |
181,128 |
1.33 |
13,642,368 |
46,604 |
4.19 |
Resolution 2 |
|
|
|
|
|
|
|
Final dividend |
13,531,392 |
98.95 |
143,208 |
1.05 |
13,674,600 |
19,441,978 |
-4.20 |
Resolution 3 |
|
|
|
|
|
|
|
Remuneration report |
12,063,433 |
89.78 |
1,373,455 |
10.22 |
13,436,888 |
252,084 |
4.13 |
Resolution 4 |
|
|
|
|
|
|
|
Remuneration policy |
12,104,133 |
90.38 |
1,287,708 |
9.62 |
13,391,841 |
297,131 |
4.11 |
Resolution 5 |
|
|
|
|
|
|
|
Re-elect Sarah Fromson |
12,918,541 |
96.33 |
492,087 |
3.67 |
13,410,628 |
278,344 |
4.12 |
Resolution 6 |
|
|
|
|
|
|
|
Re-elect Malcolm Groat |
12,793,736 |
95.41 |
615,130 |
4.59 |
13,408,866 |
280,106 |
4.12 |
Resolution 7 |
|
|
|
|
|
|
|
Re-elect Tim Farazmand |
12,919,474 |
96.47 |
473,435 |
3.53 |
13,392,909 |
296,063 |
4.11 |
Resolution 8 |
|
|
|
|
|
|
|
Re-elect Graham McDonald |
13,015,105 |
97.06 |
393,761 |
2.94 |
13,408,866 |
280,106 |
4.12 |
Resolution 9 |
|
|
|
|
|
|
|
Reappoint BDO LLP |
12,897,136 |
94.82 |
704,310 |
5.18 |
13,601,446 |
67,441 |
4.18 |
Resolution 10 |
|
|
|
|
|
|
|
Remuneration of auditors |
13,201,669 |
97.12 |
391,253 |
2.88 |
13,592,922 |
96,050 |
4.17 |
Resolution 11 |
|
|
|
|
|
|
|
Allot relevant securities |
13,414,964 |
98.07 |
263,324 |
1.93 |
13,678,288 |
10,684 |
4.20 |
Resolution 12 |
|
|
|
|
|
|
|
Pre-emption rights |
12,768,980 |
93.54 |
881,530 |
6.46 |
13,650,510 |
38,462 |
4.19 |
Resolution 13 |
|
|
|
|
|
|
|
Make market purchases |
13,380,268 |
98.00 |
273,566 |
2.00 |
13,653,834 |
35,138 |
4.19 |
Resolution 14 |
|
|
|
|
|
|
|
General meetings |
12,440,156 |
91.49 |
1,156,587 |
8.51 |
13,596,743 |
92,229 |
4.18 |
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