I attended the AGM of the Amati VCT and VCT 2 funds at the impressive venue of the Guildhall School of Music near the Barbican on the 28th June.

About 70 shareholders attended – mostly male and over 60 as is usual with these kind of events.

On the morning of the AGM, both funds issued a RNS announcing that they are in discussions over a possible merger of VCT and VCT 2 and that they also plan a new joint fundraising of c£20m later this year. The Chairman of the VCT read out the announcement at the commencement of the meeting which was 1.30pm after a pleasant buffet lunch.

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