“Once you (or your adviser) have completed your online application, we’ll need you to check the details and confirm you’re happy to make your investment. Once we’ve had confirmation, we’ll provide you with the bank details you’ll need to transfer your funds to.”
“To transfer your investment amount to us, you can find the account details you need below for each VCT. If you applied online, please make sure that you quote your reference which can be found in your application email.”
“We’ll hold your funds in cash on your portfolio until the share allotment date. This process typically takes a few weeks but can sometimes take longer, but we always aim for shares to be allotted in the same tax year as the application was made.”
“Share allotment is the creation and issuing of new shares by a company. New shares can be issued to either new or existing shareholders. We’ll always provide you with expected timings for allotment.”