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Issue of Equity

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Draper Esprit VCT plc
·1-min read
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Draper Esprit VCT plc
Legal Entity Identifier: 2138003I9Q1QPDSQ9Z97
6 April 2021
Issue of Equity

The Board of Draper Esprit VCT plc (the “Company”) announces an allotment on 1 April 2021 of Ordinary Shares of 5p each (“Shares”), pursuant to the Offer for Subscription that launched on 16 February 2021 (the “Offer”) as follows:

33,860,372 Ordinary Shares at an average price of 55.12p per Share.

Application for the Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly. Dealings are expected to commence on or around 14 April 2021.

Included in the above allotment were shares issued to PDMRs as follows:



Director / PDMR

Shares
allotted

Issue
price

Shareholding after allotment

% of shares
in issue

William Horlick

PDMR

18,939

52.8p

28,395

0.02%

Richard Marsh

PDMR

378,787

52.8p

378,787

0.26%

Following this allotment, the Company has 144,232,494 Shares in issue (net of any shares acquired for cancellation which have not yet settled) which is also the Total Voting Rights of the Company.