With the end of the 2004/05 tax year drawing to a close, several VCT providers have made announcements concerning allotment of shares, withdrawal of the vehicle or closure through over-subscription.
To try and keep you up-to-date on the latest developments, IFAonline has compiled a list of the VCT funds offered this year, through data from Allenbridge Investment Consultants and recent updates from various providers. This table - last updated 4th April 2005 - will continue to be updated until the end of the tax year on April 5th so please send any VCT updates to Julie Henderson. VCT funds new for 2004/05 NameOpening dateStatusRaised (£m)Minimum required to proceed (£m)Target (£m) Closing date for 2004/05Aberdeen Growth Opportunities VCT 2plc04/10/04 Allotting6.324004/04/05AiM Dist...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
