Octopus Titan VCT 1 Octopus Titan Vct 1 Plc: Offer Closure, Issue Of Equity And Total Voting Rights
April 07 2014 - 1:01AM
UK Regulatory
TIDMOTV1
Octopus Titan VCT 1 plc ("the Company") announces that further to the
issue of a Prospectus on 3 September 2013 relating to an Offer for
Subscription ("Offer") for ordinary shares of 10p each to raise up to
GBP10 million, the Board of the Company announces that the Offer is
fully subscribed and closed with effect from 5.00pm on 4 April 2014.
The Company announces that on 4 April 2014, 2,686,161 Ordinary Shares of
10p each were issued and allotted at a price of 97.0p per share pursuant
to the Offer for Subscription that opened on 3 September 2013.
The Company confirms the allotment and issue of 64,043 Ordinary Shares
of 10p each at a price of 93.6p to shareholders who elected to receive
Ordinary Shares under the Dividend Reinvestment Scheme as an alternative
for the final dividend for the year ended 31 October 2013, payable on 4
April 2014.
Application has been made to the London Stock Exchange for admission of
the new shares. Admission is expected to become effective on or around
18 April 2014.
The issued share capital and total voting rights of the Company is now:
32,012,160 Ordinary Shares.
For further information please contact:
Patricia Standaloft
Company Secretary
0207 710 6471
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Octopus Titan VCT 1 PLC via Globenewswire
HUG#1774900
http://www.octopusinvestments.com
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