Octopus TitanVCT PLC Issue Of Equity And Total Voting Rights
April 12 2021 - 4:45AM
UK Regulatory
TIDMOTV2
OCTOPUS TITAN VCT PLC
12 April 2021
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc (the "Company") announces that 2,195,704 Ordinary
Shares of 10p each ("shares") were issued and allotted on 9 April 2021
at a price of 110.1p per share, equivalent to the current NAV of 104.0p
grossed up by 5.5% (as set out in the Prospectus dated 21 October 2020).
These shares were issued pursuant to an Offer for Subscription to raise
up to GBP80 million, with an over allotment facility of GBP40 million,
in the 2020/2021 and 2021/2022 tax years.
Application has been made to the London Stock Exchange for admission of
the new shares. Admission is expected to become effective on or around
23 April 2021.
Included within the allotment:
Mr Matthew Cooper, a director of the Company, was allotted 195,276
Ordinary Shares at a price per share of 110.1p and his holding is now
1,888,674, representing 0.17% of the Company's issued Ordinary share
capital.
The issued share capital and total voting rights of the Company is now
1,120,974,754. This figure may be used by shareholders in the Company as
the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's Disclosure
and Transparency Rules.
For further information please contact:
Katherine Fyfe
Octopus Company Secretarial Services Limited
020 7710 2800
(END) Dow Jones Newswires
April 12, 2021 05:45 ET (09:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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