Raising twice in a year?
Posted: February 10th, 2022, 1:43 pm
Amati had a raise earlier in the tax year. I recollect it, 'cos I topped up. My new shares are still certificated, so I should be on the shareholder register for correspondence.
I just noticed Wealthclub lists them as "coming soon". Checking RNS, I see they're describing it as overallotting the previous offer, and would like shareholders to allow them to increase the amount yet further. Can't say I'm enthused by that level of growth: one of my criteria when subscribing for an offer is that the amount should be proportionate to the existing size of the VCT, and this moves the goalposts retrospectively.
I just noticed Wealthclub lists them as "coming soon". Checking RNS, I see they're describing it as overallotting the previous offer, and would like shareholders to allow them to increase the amount yet further. Can't say I'm enthused by that level of growth: one of my criteria when subscribing for an offer is that the amount should be proportionate to the existing size of the VCT, and this moves the goalposts retrospectively.