Key Takeaways
- • Praetura Growth VCT PLC allotted 1,834,805 new ordinary shares under its 2025/26 tax year subscription offer at 99.33p per share, increasing total shares in issue to 10,767,659.
- • New shares are expected to commence trading on the London Stock Exchange's main market around 7 April 2026, providing enhanced liquidity for investors.
- • The capital raise strengthens the VCT's deployment capacity for growth-stage and early-stage company investments, a core mandate for UK venture capital trusts.
- • Pricing aligned closely to net asset value (NAV) indicates disciplined capital allocation and preservation of existing shareholder value during the fundraising process.
Summary
Praetura Growth VCT plc, a UK-listed venture capital trust, has completed an equity allotment of 1,834,805 new ordinary shares as part of its ongoing subscription offer for the 2025/26 tax year. The shares were priced at 99.33p per share, closely aligned to the trust's latest net asset value, ensuring pricing discipline during capital expansion. This issuance increases the company's total issued share capital to 10,767,659 shares, which clarifies the updated voting rights base for shareholders under applicable UK disclosure regulations.
The company intends to seek admission of the newly allotted shares to trading on the London Stock Exchange's main market, with trading expected to commence on or around 7 April 2026. Upon admission, investors will gain liquidity through the secondary market, while CREST accounts and share certificates are processed. This listing timeline provides transparency to existing and prospective investors regarding settlement and trading availability.
The capital raise directly supports Praetura Growth VCT's equity fundraising programme and enhances the trust's capacity to deploy capital into growth investments and early-stage companies. By expanding its capital base, the VCT can pursue a broader portfolio of opportunities aligned with its mandate as a UK venture capital trust. The fundraising effort reflects continued market participation and investor appetite for VCT structures, which offer tax advantages to UK taxpayers while funding domestic entrepreneurship and growth-stage business development.
The company intends to seek admission of the newly allotted shares to trading on the London Stock Exchange's main market, with trading expected to commence on or around 7 April 2026. Upon admission, investors will gain liquidity through the secondary market, while CREST accounts and share certificates are processed. This listing timeline provides transparency to existing and prospective investors regarding settlement and trading availability.
The capital raise directly supports Praetura Growth VCT's equity fundraising programme and enhances the trust's capacity to deploy capital into growth investments and early-stage companies. By expanding its capital base, the VCT can pursue a broader portfolio of opportunities aligned with its mandate as a UK venture capital trust. The fundraising effort reflects continued market participation and investor appetite for VCT structures, which offer tax advantages to UK taxpayers while funding domestic entrepreneurship and growth-stage business development.
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