Baronsmead seek shareholder go-ahead

The planned share offer will be launched in December and will close by April 4 2007. Shareholders will be able to vote at an extraordinary general meeting on December 6. The new funds will be invested in qualifying companies with less than £7m gross assets, and it is hoped they will expand the firm’s net asset value (NAV) to over £25m. Fund manager, Henrietta Marsh, said: “We have developed a distinctive approach to investing in Aim-traded companies using our sector based expertise. “The progress of investments made so far shows how greater due diligence and prior knowledge appl...