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LIVE DESK·Global markets desk·Last updated 14s ago
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Blackfinch Spring VCT completes final share allotment, raises £20m

Venture capital trust allots 747,754 shares at prices between 87.47p and 90.22p, bringing total shares in issue to 88.05 million. Trading on the LSE main market expected Thursday.

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Priya Anand · Equities & Earnings Desk · 29 Aug 2026 · 04:20 · 1 min read
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Blackfinch Spring VCT completes final share allotment, raises £20m

Blackfinch Spring VCT plc has allotted 747,754 ordinary shares as the final issuance under its subscription offer, with prices ranging from 87.47p to 90.22p per share. The offering, which sought to raise up to £20 million, closed for applications on the latest date specified in its September 11, 2025 prospectus.

Following the allotment, the venture capital trust has 88,045,142 ordinary shares in issue, including two subscriber shares, with an equal number of voting rights. The company confirmed that an application for the newly issued shares to trade on the London Stock Exchange’s main market has been made, with dealings expected to commence on or around Thursday.

CREST accounts are set to be credited shortly after the allotment, while definitive documents of title are scheduled for dispatch within ten business days. The VCT’s Legal Entity Identifier is 254900F3ZHVS78UV6D89.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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