Offer for Subscription - Update

Summary by AI ^BETAClose X

Molten Ventures VCT plc has announced an update to its Prospectus Offer 2025/2026, increasing the total amount it can raise from £10 million to £20 million by exercising a further £10 million of its overallotment facility due to strong demand. The offer, which opened on 7 October 2025, has a first close for the 2025/2026 tax year no later than 1 April 2026, with funds needing to be remitted by 10:00 am on that date. Investors should note that upcoming tax reliefs for the 2026/2027 tax year are expected to reduce from 30% to 20% for UK qualifying taxpayers, subject to Royal Assent.

Disclaimer*

Molten Ventures VCT PLC

24 February 2026

Offer Update

Molten Ventures VCT plc (the "Company")

LEI Code 2138003I9Q1QPDSQ9Z97

Molten Ventures VCT plc Prospectus Offer 2025/2026

The Company published a prospectus on 7 October 2025, ("the Prospectus") containing an offer for subscription of up to £10 million with an overallotment facility for a further £20 million through the issue of new shares.

Following strong demand for the Company's shares under the Prospectus, the Board is pleased to announce that it has elected to exercise a further £10 million of the Company's £20 million overallotment facility referred to in the Offer.

Accordingly, the amount that the Company can raise under the Prospectus is increased from £10 million to £20 million (before issue costs).

The Prospectus opened on 7 October 2025 with a first close for the 2025/2026 tax year no later than 1 April 2026 (unless fully subscribed by an earlier date or previously closed). Valid applications for the 2025/26 tax year should be completed with remitted funds by 10.00 am 1 April 2026.

It should be noted that subsequent to the publication of the Prospectus Offer, in the Budget held on 26 November 2025 it was announced that the initial tax reliefs for applications for the 2026/2027 tax year will reduce from 30% to 20% for UK qualifying taxpayers. This change is still subject to Royal Assent.

Full details of the Offer are contained in the Prospectus a downloadable version is available from:

https://investors.moltenventures.com/investor-relations/vct/key-documents

Terms used in this announcement have the same meaning as defined in the Prospectus.

The VCT Board recently issued an update to Shareholders following its interim results. To access the update please copy and paste the url below into your browser.

https://investors.moltenventures.com/storage/uploads/VCT/Shareholder%20Mailings/Molten%20VCT_Update_Feb26_5%20FINAL_gculc.pdf?utm_source=Molten+VCT+Shareholder+Mailing+List&utm_campaign=5394e626ea-EMAIL_CAMPAIGN_2026_02_19_01_03&utm_medium=email&utm_term=0_-5394e626ea-745695038

24 February 2026

Enquiries:

For further information please contact the Manager on 020 7931 8800 or via email to vct@molten.vc

Sales enquiries should be directed to RAM Capital on 020 3006 7530 or via email to taxsolutions@ramcapital.co.uk

Administrative queries should be directed to the company secretary ISCA Administration Services Limited on 01392 487056.

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