Blackfinch Spring VCT PlcLSE: BFSP

Blackfinch Spring VCT: Issue of Equity

· Issued by Blackfinch Spring VCT plc via RNS

Summary by 6ix AI

Blackfinch Spring VCT plc allotted 596,051 ordinary shares of £0.01 each on October 27, 2026. The shares were issued under its offer for subscription of up to £20 million of ordinary shares, with an over-allotment facility (an option to issue more) for up to a further £20 million, made under a prospectus dated September 8, 2026.

Key details

  • The shares were allotted at subscription prices ranging from 86.16p to 89.29p per ordinary share, in line with the offer price set out in the prospectus.
  • Following this allotment, there are 87,786,223 ordinary shares in issue, including 2 ordinary shares issued as subscriber shares, and the total number of voting rights is 87,786,223.
  • Shareholders may use the 87,786,223 figure to work out whether they must report their holding, or a change in it, under the disclosure and transparency rules of the Financial Conduct Authority, the UK financial regulator.

What’s still pending

  • An application for the new shares to trade on the London Stock Exchange's main market will be made shortly, and dealings are expected to begin on or around November 2, 2026.
  • Accounts in CREST, the UK electronic system for holding shares, are expected to be credited as soon as practicable after the allotment.
  • Share certificates are expected to be sent within ten business days of the allotment.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/issue-of-equity-673

Blackfinch Spring VCT plc (the "Company")

LEI: 254900F3ZHVS78UV6D89

Issue of Ordinary Shares of £0.01 each ("Ordinary Shares") pursuant to an Offer for Subscription of up to £20 million of Ordinary Shares with an over-allotment facility for up to a further £20 million of Ordinary Shares, pursuant to a prospectus dated 8 September 2026 (the "Offer")

The Company announces an allotment on 27 October 2026 in respect of 596,051 Ordinary Shares pursuant to the Offer.  In accordance with the Offer Price set out in the prospectus containing details of the Offer, the subscription prices at which Ordinary Shares were allotted ranged from 86.16p to 89.29p per Ordinary Share.

Following this allotment, the number of Ordinary Shares in issue is 87,786,223 (including 2 Ordinary Shares issued as subscriber shares).

Therefore, the total number of voting rights in the Company is 87,786,223.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Application for these Ordinary Shares to trading on the London Stock Exchange's main market for listed securities will be made shortly and dealings are expected to commence on or around 2 November 2026.  CREST accounts are expected to be credited as soon as practicable following the allotment and definitive documents of title are expected to be dispatched within ten business days of allotment.

                                                                                                         27 October 2026

For further information, please contact:

Blackfinch Investments Limited (Investment Manager)

01452 717070

The City Partnership (UK) Limited (Company Secretary)

[email protected]

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