Octopus TitanVCT PLC Octopus Titan Vct Plc : Issue Of Equity And Total Voting Rights
June 21 2017 - 11:20AM
UK Regulatory
TIDMOTV2
OCTOPUS TITAN VCT PLC
21 June 2017
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc (the "Company") announces that 512,301 Ordinary
Shares of 10p each ("shares") were issued and allotted on 21 June 2017
at a price of 100.8p per share, equivalent to the current NAV of 95.2p
grossed up by 5.5% (as set out in the Prospectus dated 23 August 2016).
These shares were issued pursuant to an Offer for Subscription to raise
up to GBP70 million, with an over allotment facility of GBP50 million,
in the 2016/2017 and 2017/2018 tax years, dated 23 August 2016.
Following this allotment, the issued share capital and total voting
rights of the Company are now 447,482,483 and the unaudited net assets
of the Company are approximately GBP426 million, based on a NAV per
share of 95.2p.
Application has been made to the London Stock Exchange for admission of
the new shares. Admission is expected to become effective on or around 5
July 2017.
For further information please contact:
Nicola Board
Company Secretary
0207 776 8663
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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 plc via Globenewswire
http://www.octopusinvestments.com
(END) Dow Jones Newswires
June 21, 2017 12:20 ET (16:20 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Octopus Titan Vct (LSE:OTV2)
Historical Stock Chart
From Apr 2024 to May 2024
Octopus Titan Vct (LSE:OTV2)
Historical Stock Chart
From May 2023 to May 2024