Offer Update

RNS Number : 7773K

Amati VCT 2 plc

12 April 2018

 

12^th April 2018

 Amati VCT 2 plc

Legal Entity Identifier: 213800HAEDBBK9RWCD25

Amati VCT 2 plc (the "Company")

The joint VCT fundraising launched in October 2017 by Amati VCT plc & Amati VCT 2 plc has reached its target of £20m and therefore the Offers are now closed. In view of continued interest from investors and advisers, later this year the Directors of the Company may look to make use of some or all of the £10m over-allotment facility which becomes available under the Offers subject to the completion of the proposed Merger.  The extent to which this facility might be used will depend on the availability of new investment opportunities over the next few months.

Terms defined in the joint prospectus issued by Amati VCT plc and Amati VCT 2 plc in October 2017 have the same meaning in this announcement.

The Boards of the Companies do not consider this announcement to contain market sensitive information. 

For further information please contact Rachel le Derf on 0131 503 9104 or email 
[e-mail].

 

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