The board of the Close Brothers Venture Capital Trust is looking to prolong the life of the VCT for ...
The board of the Close Brothers Venture Capital Trust is looking to prolong the life of the VCT for a further five years. It has also proposed to shareholders to increase its borrowing powers and that a tender offer be made by which the company may purchase or procure purchases of up to 10% of its shares at a price of 100p per share.
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