Skip to main content

Interim Dividend Declarations

Dividend Declaration

Seneca Growth Capital VCT Plc 

7 March 2023

Seneca Growth Capital VCT Plc

Interim Dividend Declarations

The Directors of Seneca Growth Capital VCT Plc (the “Company”) are pleased to declare the following dividends for both the B Share Class and the Ordinary Share Class for the year to 31 December 2023:

  • 1.5 pence per B Share interim dividend; and
  • 2.0 pence per Ordinary Share interim capital dividend.

The ex-dividend date for both dividends is 4 May 2023.

The record date for both dividends is 5 May 2023.

The payment date for both dividends is 19 May 2023.

On 26 August 2022 the Company launched an offer for subscription for B Shares to raise, in aggregate, up to £10 million with an over-allotment facility of up to a further £10 million (before issue costs) (the “Offer”). Full details of the Offer are contained in a prospectus issued by the Company on that date (the “Prospectus”).

In relation to the B Share Offer, investors seeking to benefit from the above B Share dividend should note the following:

  • For those investors seeking to invest in the Offer in the 2022/2023 tax year, application forms and cleared funds must arrive by no later than midday on 4 April 2023, for allotment on or before Wednesday 5 April 2023. Application forms with cheques must arrive by no later than midday on 24 March 2023.
  • For those investors seeking to invest in the Offer in the 2023/2024 tax year, application forms and cleared funds must arrive by no later than midday on 2 May 2023, for allotment on or before Wednesday 3 May 2023. Application forms with cheques must arrive by no later than midday on 21 April 2023.

A copy of the Prospectus, and the application form, is available on the Company’s website: https://senecavct.co.uk/current-offer/

This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this information is now considered to be in the public domain.

For further information, please contact:

Matt Currie, Seneca Partners Limited at Matt.Currie@senecapartners.co.uk

Siobhan Pycroft, Seneca Partners Limited at Siobhan.Pycroft@senecapartners.co.uk

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.