OTV2 Octopus Titan Vct Plc

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   21 June 2018 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that 1,048,883 Ordinary 
Shares of 10p each ("shares") were issued and allotted on 20 June 2018 
at a price of 99.8p per share, equivalent to the current NAV of 94.3p 
grossed up by 5.5% (as set out in the Prospectus dated 5 September 
2017). 
 
   These shares were issued pursuant to an Offer for Subscription to raise 
up to GBP120 million, with an over allotment facility of GBP80 million, 
in the 2017/2018 and 2018/2019 tax years, dated 5 September 2017. 
 
   Following today's allotment, the issued share capital and total voting 
rights of the Company are now 655,837,457 and the unaudited net assets 
of the Company are calculated to be approximately GBP618 million, based 
on the last released NAV per share of 94.3p. 
 
   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 2018. 
 
   For further information please contact: 
 
   Parisha Kanani 
 
   Company Secretary 
 
   0203 935 3520 
 
   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, 2018 11:58 ET (15:58 GMT)

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