Baronsmead Venture Trust PLC and Baronsmead Second Venture Trust PLC - UK-focused venture capital trusts managed by Gresham House PLC - Plan to raise GBP15 million each in share subscription offer, with an over-allotment facility for a up to a further GBP10 million each. The share offers are expected to be launched at the beginning of December.

BVT current stock price: 47.80 pence, down 4.7% in London on Tuesday

12-month change: down 16%

BSVT current stock price: 52.50p

12-month change: down 13%

By Tom Waite, Alliance News editor

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