Issue of Equity
April 15 2010 - 7:52AM
UK Regulatory
TIDMAQT2 TIDMAQ2C
RNS Number : 2575K
Acuity Growth VCT PLC
15 April 2010
Acuity Growth VCT plc
15 April 2010
Issue of Equity
The Directors of Acuity Growth VCT plc (the "Company") are pleased to announce
that with respect to the Offers for the 2010/2011 tax year an initial allotment
has been made on 15 April 2010 of 39,362 ordinary shares of 1p each ("Ordinary
Shares"), such shares having been issued under offers (the "Offers") made
pursuant to a Offer for Subscription of the Company dated 2 March 2010, for up
to, 2,450,000 new ordinary shares. The Company announced on 1 April 2010, that
the Offer Price of a New Ordinary Share under the Offer for Subscription dated 2
March 2010 is 93.5p as calculated by the formula set out on page 4 of the Offer
Document.
The Offer Price was determined by reference to the last published net asset
value per ordinary share, being the net asset value per ordinary share of 88.1p
as at 31 December 2009 announced on 11 January 2010
Application for the Ordinary 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 and dealings are expected to commence on shortly.
The Offers in respect of the 2009/2010 tax year have now closed. The Offers in
respect of the 2010/2011 tax year may close at any time but in any event not
later than 10.00 a.m. on 30 June 2010, unless fully subscribed earlier.
For further information please contact:
Nicholas Ross - Acuity Capital Management Limited - (020) 7306 3901
This information is provided by RNS
The company news service from the London Stock Exchange
END
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