What is Blackfinch's Spring Venture Capital Trust (VCT) Buyback policy?

The Company's shares are intended to be traded on the London Stock Exchange's Main Market. However, there is likely to be limited demand for VCT shares, which means shareholders may find it difficult to sell their shares through the market.

To help provide liquidity, the Company operates a share buyback policy. Subject to applicable regulations, market conditions and the availability of sufficient reserves and distributable cash resources, the Company may repurchase shares at a discount of up to 5% to the latest published Net Asset Value (NAV) per share.

The operation and timing of any share buybacks are entirely at the discretion of the Board and cannot be guaranteed.

Full details of the share buyback policy can be found in the Blackfinch Spring VCT Prospectus, available at: blackfinch.investments/vct