Baronsmead Second Venture Trust PLC - London-based investment firm - Gets valid applications for new shares worth over £12 million in relation to its offer. Decides to change the date for the second allotment of new shares to on or around March 13.

In December, the firm, together with Baronsmead Venture Trust PLC, announced an offer for subscription to raise up to £40 million, with the discretion to utilise over-allotment facilities to raise up to a further £10 million.

Current stock price: 58.50 pence

12-month change: down 21%

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