Closing&Opening of New Offers
24 Março 2006 - 11:14AM
UK Regulatory
RNS Number:3715A
Core VCT II PLC
24 March 2006
24 March 2006
Core VCT II PLC and Core VCT III PLC (the "Companies")
Closing of Offers and opening of New Offers
Further to the announcement of 16 March 2006, the Companies are pleased to
announce that the original offers (the "Offers") of shares in the Companies,
constituted by the terms of a prospectus dated 24 October 2005 ("the
Prospectus"), are now closed.
However, in order to satisfy continuing investor demand, the Companies are
pleased to announce that they have launched further offers (the "New Offers")
today of up to 1,500,000 shares in the capital of each Company at an issue price
of 100p per share, such issue to be on the same terms as the shares issued
pursuant to the Prospectus. Any prospective shareholders who would like to take
up the New Offers (which will be allocated on a first come first served basis)
should contact Brewin Dolphin Tax Solutions on 0207 246 1162, who will explain
the application process.
Since the aggregate value of shares offered under the New Offers is less than
Euro2.5m in respect of each of the Companies, in accordance with paragraph 9 of
Schedule 11A to the Financial Services and Markets Act 2000 ("FSMA") there is no
requirement under Part VI of FSMA for the Company to issue a prospectus in
relation to the terms of the New Offers.
Brewin Dolphin Securities Limited ("Brewin Dolphin"), which is authorised and
regulated by the Financial Services Authority, confirms in relation to the New
Offers that investors interested in subscribing under the terms of the New
Offers should have regard to the terms of the Prospectus (issued in connection
with the Original Offer) in relation to the nature of the shares under the New
Offers and the general position of the Companies. The Prospectus has been
approved for issue by Brewin Dolphin under the terms of Section 21(2)(a) FSMA.
Potential investors should note that, in connection with the New Offers, Brewin
Dolphin is acting for the Company and no one else and will not be responsible to
any other person for providing the protections afforded to customers of Brewin
Dolphin or providing advice in connection with the New Offer.
Further enquiries:
Lenny Norstrand or Ben Prior
Brewin Dolphin Tax Solutions
0207 246 1162
This information is provided by RNS
The company news service from the London Stock Exchange
END
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