Full details on the New Century AIM VCT Plc corporate action, including instructions on how to participate, the options available to you, and any deadline applicable.
New Century AIM VCT Plc

New Century AIM VCT Plc - Tender Offer

Corporate action reference: 201700153

Please note we must be in receipt of your instruction by 10 February 2017.


Tender offer to buy back up to 10% of the issued share capital at a 5% discount to Net Asset Value based on the closing prices on 16 February 2017.

Tenders in excess of the basic entitlement (10%) may be subject to scaling back as such tenders will only be satisfied to the extent that other holders tender less than their full basic entitlements. 

As you hold your shares with a nominee you may have your election scaled back by a greater or lesser percentage than you would if you held your shares in your own name.

If you would like further information about the terminology used in this notification, please visit our Ask a Question site.


Option 1: Cash - Basic Entitlement

Option 2: Oversubscribe

To reply to this event, please use the below link stating which option you would like to take.

Option 3: No Action (Default)



We expect to receive the funds on or around 21 February 2017. We will aim to update your account within 5 business days of receiving the proceeds.

Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to participate in the offer.

By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.

Please note that this page does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.

If you are an ISA or SIPP client your options may differ.

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