TIDMHYG TIDMSVCT 
 
 
   Seneca Growth Capital VCT Plc (the "Company") 
 
   2 March 2021 
 
   Issue of Equity and Total Voting Rights 
 
   The Company announces that it has today allotted and issued 853,114 new 
B ordinary shares of 1p each in the Company ("B Shares"). 
 
   The shares were issued pursuant to an offer for subscription for B 
Shares launched on 13 October 2020 to raise, in aggregate, up to GBP10 
million with an over-allotment facility of up to a further GBP10 million 
(before issue costs) (the "Offer"). 
 
   Pursuant to the Offer, and the GBP854,500 of valid applications received 
since 7 December 2020 (the cut-off date for the last allotment of shares 
made on 9 December 2020), and up to and including 26 February 2021 in 
respect of the 2020/2021 tax year, the Company has today allotted and 
issued 853,114 B Shares. In accordance with the allotment formula set 
out in the prospectus for the Offer, the B Shares have been allotted at 
the offer prices in the range of 99.4p to 105.2p per share, calculated 
by reference to the unaudited net asset value of a B Share as at 19 
February 2021 (99.4p per B Share as announced on 23 February 2021). 
 
   As a result of this allotment, the number of shares now in issue is 
8,115,376 ordinary shares of 1p each and 9,916,062 B Shares. Therefore, 
the total number of voting rights in the Company is 18,031,438. 
 
   In respect of this allotment, an application will be made by the Company 
to the Financial Conduct Authority and to the London Stock Exchange for 
the B Shares so issued to be admitted to the Official List and to 
trading on the London Stock Exchange's main market for listed 
securities. It is expected that the admission of the B Shares will 
become effective and dealings will commence on or around 8 March 2021. 
 
   The above statement of voting capital may be used by shareholders as the 
denominator for the calculations by which they will determine if they 
are required to notify their interest, or a change to their interest, in 
the Company under the FCA's Disclosure Guidance and Transparency Rules. 
 
   This announcement contains inside information as stipulated under the UK 
version of the Market Abuse Regulation No 596/2014 which is part of 
English law by virtue of the European (Withdrawal) Act 2018, as amended. 
On publication of this announcement via a regulatory information service, 
this information is considered to be in the public domain. 
 
   For further information, please contact: 
 
   John Hustler, Seneca Growth Capital VCT Plc at 
john.hustler@btconnect.com 
 
   Richard Manley, Seneca Growth Capital VCT Plc at 
Richard.Manley@senecapartners.co.uk 
 
   Any enquiries in respect of the Offer should be directed to: 
 
   John Davies 
 
   Seneca Partners Limited 
 
   01942 295 981 
 
   John.Davies@senecapartners.co.uk 
 
 
 
 

(END) Dow Jones Newswires

March 02, 2021 07:50 ET (12:50 GMT)

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