Bringing you live news and features since 2006 

British pounds

Four Baronsmead VCTs launch offers to raise GBP40m in aggregate


Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc and Baronsmead VCT 4 plc have each launched an offer for subscription to raise up to GBP10m before costs, or GBP40m in aggregate. 

Investors can choose to invest equally across the offers or different amounts in one or more of the offers.
The companies were established between 1995 and 2001 and each currently has an existing portfolio of between 68 and 73 companies. From 13 November 1995 to 30 November 2013 the companies have raised, in aggregate, approximately GBP326m (net of costs), providing shareholders with a combined total return of over GBP500m.
The dividend policy of each company is to seek to maintain a regular flow of dividends to shareholders. In the past five years, each company has paid average annual dividends that have ranged between 6.4p and 7.5p per share (equivalent to 8.5p and 10.0p per share to those higher rate taxpayers who qualify for VCT tax reliefs). 
The companies have a strong track record in portfolio management through their manager, ISIS. Current investments include car rental provider Nexus, marketing services provider Inspired Thinking Group, and CableCom, a provider of digital media services to over 500 locations throughout the UK. 
Andrew Garside, partner at ISIS, says: “ISIS is delighted to offer both new and existing investors the opportunity to invest directly in four of the Baronsmead VCTs, providing access to the investment returns of each company’s existing portfolio and their future dividends.”

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by