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SPARK Advisory Partners Limited (“SPARK”) is pleased to announce it has acted as Sponsor to Draper Esprit VCT Plc (“DEVC”) in respect of its Offer for Subscription of £5m of new ordinary shares (with up to a further £15m over-allotment facility).

If the offer is taken up in full (including the over-allotment facility), once invested, DEVC will have over £75 million of net assets of which over £60 million will be allocated predominantly to technology investments, driven by Draper Esprit, one of the UK’s leading technology investment managers.