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Blackfinch Spring VCT completes final share issuance, raises £20m

Venture capital trust issues 747,754 shares at prices between 87.47p and 90.22p, closing its latest subscription offer under a £20 million target.

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Priya Anand · Equities & Earnings Desk · 29 Aug 2026 · 05:26 · 1 min read
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Blackfinch Spring VCT completes final share issuance, raises £20m

Blackfinch Spring VCT plc has allotted 747,754 ordinary shares as the final issuance under its latest subscription offer, the company said on Monday. The shares were priced between 87.47p and 90.22p per unit, completing the fund’s planned capital raise of up to £20 million, according to a prospectus dated September 11, 2025.

The offer, which included an over-allotment facility allowing for an additional £20 million, closed for applications on Sunday. Trading in the newly issued shares is expected to commence on or around Thursday, with definitive share certificates scheduled for dispatch within ten business days of allotment.

Following the issuance, Blackfinch Spring VCT’s total ordinary shares in issue now stand at 88,045,142, including two subscriber shares. The fund’s total voting rights match the share count at 88,045,142. The company’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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