UK Markets close in 4 hrs 14 mins

Issue of Equity and Total Voting Rights

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

OCTOPUS AIM VCT PLC

8 October 2021

Issue of Equity and Total Voting Rights

Octopus AIM VCT plc (the “Company”) announces that 18,439,176 Ordinary Shares of 1p each were issued and allotted on 7 October 2021 (subject to Admission) at a price of 132.6p per share, equivalent to the current NAV of 125.3p grossed up by up to 5.5% (as set out in the Prospectus dated 19 August 2021). These shares were issued pursuant to an Offer for Subscription to raise up to £30 million, issued jointly with Octopus AIM VCT 2 plc, with an over-allotment facility of £10 million, in the 2021/2022 and 2022/2023 tax years respectively.

Mr Neal Ransome, a director of the Company, was allotted 8,106 Ordinary shares at a price of 132.6p per share and his total holding is now 32,251 representing 0.02% of the Company’s issued Ordinary share capital.

Application for the new shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market for listed securities has been made and dealings are expected to commence on or around 21 October 2021.

The issued share capital and total voting rights of the Company is now 162,101,978. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Uloma Adighibe

For Octopus Company Secretarial Services Limited
020 3935 3803


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting