Volta Finance Limited: Issue of Shares
February 18 2019 - 8:10AM
Volta Finance Limited: Issue of Shares
Volta Finance Limited
(VTA/VTAS)
Issue of shares
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES
***** Guernsey, 18 February 2019
Volta Finance Limited (the “Company” or “Volta”)
announces that it has today made an application for admission to
listing on the Official List of the UK Listing Authority and to
trading on the Main Market of the London Stock Exchange with effect
from 21 February 2019 of 4,877 newly issued Ordinary Shares of no
par value in the Company in relation to the part-payment of
Directors’ fees for the quarter ended 31 January 2019.
An application will also be made for the admission of these
Ordinary Shares to trading on Euronext Amsterdam.
Each Director will receive 30 per cent of his or
her Director's fee for any year in the form of newly issued shares
at a per share price equal to the most recently available Estimated
NAV. The Directors are required to retain those shares for a period
of no less than one year from their respective dates of issuance.
The applicable Estimated NAV was €7.71 per share as at 31 December
2018.
Following the issue of 4,877 Ordinary Shares,
the Company’s issued share capital will comprise 36,580,580
Ordinary Shares and 1 Class B Share. Accordingly, as at today’s
date, and in accordance with Rule 5.6.1 of the FCA’s Disclosure
Guidance and Transparency Rules the total number of voting rights
in the Company is 36,580,581 Shareholders may use this total voting
rights figure as the denominator for the calculations by which they
may determine whether they are required to notify the Company or
the AFM of their interest in, or a change to their interest in, the
share capital of the Company.
For further information, please
contact:Company Secretary and Portfolio
AdministratorBNP Paribas Securities Services S.C.A,
Guernsey Branchguernsey.bp2s.volta.cosec@bnpparibas.com+44 (0) 1481
750 853
Corporate BrokerCenkos
Securities plcSapna ShahAndrew Worne+44 (0) 20 7397 8900
For the Investment ManagerAXA
Investment Managers ParisSerge Demayserge.demay@axa-im.com+33 (0) 1
44 45 84 47
***** ABOUT VOLTA FINANCE
LIMITED
Volta Finance Limited is incorporated in
Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and
listed on Euronext Amsterdam and the London Stock Exchange's Main
Market for listed securities. Volta’s home member state for the
purposes of the EU Transparency Directive is the Netherlands. As
such, Volta is subject to regulation and supervision by the AFM,
being the regulator for financial markets in the Netherlands.
Volta’s investment objectives are to preserve
capital across the credit cycle and to provide a stable stream of
income to its shareholders through dividends. Volta seeks to attain
its investment objectives predominantly through diversified
investments in structured finance assets. The assets that the
Company may invest in either directly or indirectly include, but
are not limited to: corporate credits; sovereign and
quasi-sovereign debt; residential mortgage loans; and, automobile
loans. The Company’s approach to investment is through vehicles and
arrangements that essentially provide leveraged exposure to
portfolios of such underlying assets. The Company has appointed AXA
Investment Managers Paris an investment management company with a
division specialised in structured credit, for the investment
management of all its assets.
*****
ABOUT AXA INVESTMENT
MANAGERSAXA Investment Managers (AXA IM) is a multi-expert
asset management company within the AXA Group, a global leader in
financial protection and wealth management. AXA IM is one of the
largest European-based asset managers with €759 billion in assets
under management as of the end of June 2018. AXA IM employs
approximately 2,420 people around the world.
*****
This press release is for information
only and does not constitute an invitation or inducement to acquire
shares in Volta Finance. Its circulation may be prohibited in
certain jurisdictions and no recipient may circulate copies of this
document in breach of such limitations or restrictions. This
document is not an offer for sale of the securities referred to
herein in the United States or to persons who are "U.S. persons"
for purposes of Regulation S under the U.S. Securities Act of 1933,
as amended (the "Securities Act"), or otherwise in circumstances
where such offer would be restricted by applicable law. Such
securities may not be sold in the United States absent registration
or an exemption from registration from the Securities Act. The
company does not intend to register any portion of the offer of
such securities in the United States or to conduct a public
offering of such securities in the United States.
*****
This communication is only being
distributed to and is only directed at (i) persons who are outside
the United Kingdom or (ii) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (iii) high net
worth companies, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "relevant
persons"). The securities referred to herein are only available to,
and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should
not act or rely on this document or any of its contents. Past
performance cannot be relied on as a guide to future
performance.
*****
- Press Release - Dirs Rem Shares (Jan 19) - Final
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