The Ingenious Entertainment VCTs Ordinary Share offer closed at the end of July 2008.
The funds raised from the Ordinary Share offer were invested in the entertainment sector, including concerts, festivals, conferences, trade fairs, exhibitions, sporting events, theatrical productions and other entertainment based content. Examples include the music festival Rewind and the television format Let's Dance.
The Ingenious Entertainment VCTs are able to invest up to £5m in any one investee company.
Funds raised through the Ingenious Entertainment VCTs Ordinary Share offer have been fully invested in accordance with the VCT rules and no further investments in the entertainment sector are proposed.