Offers for Subscription

Now open to applications

Now open to applications

Baronsmead Venture Trust plc and Baronsmead Second Venture Trust plc published a prospectus in relation to offers for subscription to raise up to £30 million in aggregate (before costs) with an over-allotment facility to raise up to a further £20 million in aggregate.

Baronsmead VCTs homepage

Online application facility

Offer details

The Baronsmead Venture Trust plc and the Baronsmead Second Venture Trust plc 2024/2025 Offers opened to applications at 9am on Monday 13 January 2025. 

A prospectus was published in relation to the offers for subscription to raise up to £30mn in aggregate (before costs) with an over-allotment facility to raise up to a further £20mn in aggregate for the Tax Year 2024/2025. The minimum investment per Company is £5,000. You can choose to invest in either or both VCTs.

Early Subscription Incentive

The Investment Manager has agreed to discount the Offer Costs by 0.75 per cent for Existing Shareholders and by 0.5 per cent for New Investors in respect of Applications accepted (including receipt of cleared funds by the Receiving Agent), which represent the first £7.5 million of aggregate Application Amounts received by each Company.

New shareholders 0.50% discount
Existing shareholders 0.75% discount

Application process

The Offers are now open to applications.

Investors may subscribe for New Shares online by completing the online application form. Investors may also apply using the interactive application form or the printable application form which are available for download in the key documents section.

Existing Shareholders subscribing for New Shares should ensure that they insert their unique ten digit City Investor Number (CIN).

All Applications will be processed on a “first come, first served” basis by the Receiving Agent.


Funds raised as at 20 January 2025:

Each Company is a Venture Capital Trust (VCT). The venture capital trust investing regime was established by the UK Government with the intention of encouraging individuals to invest indirectly in a range of small, illiquid higher-risk trading companies whose shares and securities are not listed on a recognised stock exchange. An investment in a VCT is high risk and for the long term. Your capital is at risk so you could get back less than you invest. All tax reliefs are subject to individual circumstances and may be subject to change in the future. Capital at risk. 

How to get in touch:

For queries relating to the Companies, please contact baronsmeadvcts@greshamhouse.com

For queries relating to the Investment Manager or Investment Management activities please contact info@greshamhouse.com

For queries relating to applications and share certificates please contact registrars@city.uk.com

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