11 Sep 2019 15:42
11 September 2019
Triple Point VCT 2011 plc
(the "Company")
PUBLICATION OF PROSPECTUS AND CIRCULAR
The Board of Triple Point VCT 2011 plc is pleased to announce that the Company has issued a prospectus and circular relating to an offer for venture ordinary shares ("Venture Shares") to raise £10 million (the "Offer")*, following approval from the Financial Conduct Authority.
The Offer is now open and is expected to close on 2 September 2020 unless fully subscribed at an earlier date. A copy of the prospectus and the circular will shortly be submitted to the National Storage Mechanism located at http://www.morningstar.co.uk/uk/NSM and may be viewed on the Triple Point website: www.triplepoint.co.uk
*If the Offer is oversubscribed it may be increased to £10 million at the discretion of the directors of the Company.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
Belinda Thomas Harry Penberthy Ian McLennan Seb Wallace |
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.