Company: Draper Esprit VCT plc (the "Company")
Offer: Offer for subscription to raise up to £5 million through the issue of New Ordinary Shares with a £15 million over-allotment facility (the "Offer")
Tax Years: 20/21 and 21/22
The Company’s board is very pleased to announce that the Offer which launched on 16 February 2021 has reached capacity of £20 million (being £5m plus the overallotment facility of £15 million) and no further applications will now be accepted.
Shares in respect of applications for the 2020/21 tax year are expected to be allotted on or around 3 April 2021. Shares in respect of applications for the 2021/22 tax year are expected to be allotted shortly after 6 April 2021.
If you have (partially) completed an online Application Form and not submitted it to the Company’s Receiving Agent, The City Partnership (UK) Ltd (“City”), City will permanently delete the Application Form and its data.