Seneca Growth Capital VCT plc’s £20 Million Public Offer


Hill Dickinson acted for Seneca Growth Capital VCT plc on its new offer of B Shares.

Seneca, the generalist VCT specialising in expansion capital and which is managed by Seneca Partners, has launched its new offer to raise up to £10 million, with an over-allotment facility to raise up to a further £10 million.

The offer will allow investors to gain access to some of the UK’s innovative growing businesses, via a diverse portfolio of established, private and AIM quoted companies.

Jon Gillow (Picture), partner in Hill Dickinson’s Manchester Corporate team, along with senior associate Sean Lightfoot, provided legal advice to Seneca.

Involved fees earner: Jonathan Gillow – Hill Dickinson; Sean Lightfoot – Hill Dickinson;

Law Firms: Hill Dickinson;

Clients: Seneca Growth Capital VCT plc;