RSB Rensburg Aim

TIDMRSB

RNS Number : 4919Q

Rensburg AIM VCT Plc

18 June 2015

RENSBURG AIM VCT PLC

Proposed voluntary winding up - further developments

18 June 2015

It was announced on 3 March 2015 that the Board of Rensburg Aim VCT plc (the "Company") was intending to propose a voluntary winding up of the Company and the return of funds to shareholders as the Company's investments are realised. It was also announced that the Company expected to issue a circular to shareholders with further information on this proposal by 20 June 2015.

It was further announced on 1 June 2015 that, in coming to its decision to pursue the winding up of the Company, the Board had investigated the possibility of a merger with other VCTs and had held a number of discussions with potential merger partners, but that no suitable merger partner had been identified.

As anticipated by the Board, the announcements referred to above have acted as a catalyst to generate interest in the Company and several of the parties with whom the Board had held previous discussions have approached the Board with proposals which might prove to be more attractive than before. Maven Capital Partners UK LLP which, the Board notes, has written letters to the Company's shareholders dated 13 May 2015 and 12 June 2015, is not one of those parties.

The Board, in its pursuit of shareholder value, has concluded that shareholders' interests are best served by delaying the issue of the circular, referred to above, until the Board has had full opportunity to consider the proposals now available to the Company. Therefore the circular will not be posted this week as originally intended and the Company will make a further announcement of its intended future plans in due course.

The AGM will be held, as scheduled, on 22 July 2015 but the General Meeting, intended to consider the voluntary winding up proposals, will not now take place on that date.

Enquiries to:

Barry Anysz

0113 245 4488

Rensburg Aim VCT plc

Quayside House

Canal Wharf

Leeds

LS11 5PU

This information is provided by RNS

The company news service from the London Stock Exchange

END

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