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
For further information please contact:
Stan Williams
Fuel Ventures VCT plc
Robin Smeaton
The City Partnership (UK) Limited (Company Secretary)
Keith Lassman
Howard Kennedy Corporate Services LLP
Keith.Lassman@howardkennedy.com
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