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£20 million Prospectus Share Offer
November 2021
RW Blears acted for Draper Esprit VCT plc on a public share offer, constituted in an FCA-approved prospectus, to raise up to an additional £20 million (with an over-allotment facility of a further £10 million) through the issue of Ordinary Shares.
Draper Esprit VCT plc invests in “knowledge intensive, high growth technology companies” and has “enjoyed participation in outstanding, leading-edge investments” through its association with Molten Ventures plc, now the parent company of the VCT’s manager Elderstreet Investments Limited.
Further details of the offer can be found here.