TIDMBAV

RNS Number : 8464G

Baronsmead VCT 5 PLC

24 November 2015

Baronsmead VCT 5 plc

Intention to Fundraise

It is currently intended that the Company will launch an offer for subscription in early 2016 to raise gross proceeds of approximately GBP3.5 million (or such amount as can be raised without incurring the material additional costs of issuing a prospectus) that would provide the Company's existing shareholders with the opportunity to subscribe, on a priority basis, for new shares in the Company in the 2015/16 tax year. Any offer document, which would contain the subscription form and the full terms and conditions, will be sent to existing shareholders as soon as it is published.

For further information please contact:

Michael Probin - VCT Investor Relations Director

Livingbridge VC LLP

Tel: 020 7506 5796

This information is provided by RNS

The company news service from the London Stock Exchange

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IOEUSVBRVUAAUAA

(END) Dow Jones Newswires

November 24, 2015 13:00 ET (18:00 GMT)

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