Enterprise VCT to extend offer period

Venture capital trust Enterprise is to extend its share offer, which began on 9 November, into the New Year. The offer period was originally due to close on 12 December However, according to fund manager John Gregory, the period will now be extended to tap into the pre-April investment rush. Just under £5m has been raised since 9 November, but the original target for the fundraising was £20m. Gregory said: "Over the course of the year about £80m has been invested in the VCT sector that's before the rush that occurs towards the end of the tax year. "Demand is clearly very strong in the...