Blackfinch Spring VCT plc (BFSP), a venture capital trust managed by Blackfinch Investments Limited, has announced the allotment of 596,051 Ordinary Shares on 27 October 2026 as part of its ongoing Offer for Subscription of up to £20 million of Ordinary Shares. The shares were issued at prices ranging from 86.16p to 89.29p each, in line with the offer price set out in the prospectus dated 8 September 2026. Following the allotment, total shares in issue stand at 87,786,223, a figure that investors should note as the denominator for calculating reportable interests under FCA disclosure rules.

Key Points

  • Blackfinch Spring VCT plc (BFSP), managed by Blackfinch Investments Limited
  • 596,051 Ordinary Shares allotted on 27 October 2026 under the prospectus dated 8 September 2026
  • Subscription prices ranged from 86.16p to 89.29p per share; total shares in issue now 87,786,223
  • Investors should watch for dealings expected to commence on or around 2 November 2026 on the London Stock Exchange main market

Blackfinch Spring VCT Allots 596,051 Shares at Prices Ranging from 86.16p to 89.29p

The company announced on 27 October 2026 that 596,051 new Ordinary Shares of £0.01 each have been allotted pursuant to its live Offer for Subscription. The offer is structured to raise up to £20 million, with an over-allotment facility for a further £20 million if demand warrants it, as set out in the prospectus dated 8 September 2026. The subscription prices at which the shares were allotted ranged from 86.16p to 89.29p per Ordinary Share, consistent with the offer price mechanism disclosed in that prospectus. Blackfinch Investments Limited serves as investment manager to the trust.

Total Voting Rights Reach 87,786,223 Following the Latest Allotment

With this allotment completed, Blackfinch Spring VCT plc now has 87,786,223 Ordinary Shares in issue, including two Ordinary Shares issued as subscriber shares. The announcement confirms that the total number of voting rights in the company stands at 87,786,223. This figure is the denominator shareholders must use when assessing whether they are required to notify an interest, or a change in interest, under the FCA's Disclosure Guidance and Transparency Rules — an important compliance consideration for any investor approaching a notifiable threshold.

London Stock Exchange Admission and CREST Crediting Expected Around 2 November 2026

The company states that an application for these newly allotted Ordinary Shares to be admitted to trading on the London Stock Exchange's main market for listed securities will be made shortly. 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. Investors participating in the offer should monitor their accounts accordingly during this settlement window.