Fuel Ventures VCT PLC

Prospectus • Dec 15, 2023

National Storage Mechanism | Additional information

RNS Number : 0550X

Fuel Ventures VCT PLC

15 December 2023

Fuel Ventures VCT plc ("the "Company")

15 December 2023

Publication of Prospectus

The Company has issued a prospectus dated 15 December 2023 relating to a proposed offer for subscription for ordinary shares of £0.01 each in the Company to raise up to £10 million with an over-allotment of up to a further £40 million (the "Offer"), following approval from the Financial Conduct Authority.

The Offer is now open and, subject to the Offer becoming unconditional, will close not later than 3.00 p.m. on 28 March 2024, if subscribing by paper/pdf/scanned (offline) applications with cleared funds, and not later than 5.30 p.m. on 04 April 2024, if subscribing by an online application with cleared funds, in the case of the Offer in respect of the 2023/2024 tax year, and at 5.00 p.m. on 31 July 2024, if subscribing by paper/pdf/scanned (offline) applications with cleared funds, and if subscribing by an online application with cleared funds, in the case of the Offer in respect of the 2024/2025 tax year (unless, in either case, the Offer has been fully subscribed by an earlier date).

The deadline for receipt of applications for the final allotment with respect to the Offer in respect of the 2024/2025 tax year, may be extended by the Directors at their absolute discretion to a date no later than 1 December 2024.

The board of the Company reserves the right to close the Offer earlier.

The prospectus will shortly be available for inspection at the National Storage Mechanism, which is located at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

and on the Company's website

www.fuel.ventures/vct-fund

For further information please contact:

Stan Williams

Fuel Ventures VCT plc

stan@fuel.ventures

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

enquiries@city.uk.com

Keith Lassman

Howard Kennedy Corporate Services LLP

Keith.Lassman@howardkennedy.com 

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