Triple Point VCT 2011 Plc Publication of Circular (0850U)
October 19 2017 - 4:58AM
UK Regulatory
TIDMTPO
RNS Number : 0850U
Triple Point VCT 2011 Plc
19 October 2017
Triple Point VCT 2011 plc ("the "Company")
LEI: 213800AOOAQA5XQDEA89
19 October 2017
Publication of Circular
The Company concluded its offer for subscription for ordinary
shares of 1p each in the Company ("Ordinary Shares") in 2011. It
was always anticipated that the Company would seek to return funds
to the subscribers for Ordinary Shares as soon as possible after
the five year holding period for that share class stipulated in VCT
regulations had ended. The fifth anniversary of the close of that
share offer has now passed and the Company's board has agreed
formal proposals to return the residual capital paid up on the
Ordinary Shares to the holders of Ordinary Shares and to cancel and
extinguish those shares by means of a Court approved reduction of
capital.
The Company has issued a circular (the "Circular") setting out
these proposals in full and giving notice of a general and class
meeting (the "Meetings") at which the resolutions to enable these
proposals are to be considered by its shareholders. The Meetings
are to be held on 20 November 2017.
If the resolutions are passed at the Meetings, Court hearings
will then take place, following which the cancellation and
extinguishment of the Ordinary Shares will be effected. Following
the cancellation and extinguishment of the Ordinary Shares, they
will be subsequently removed from the Official List of the UKLA and
from trading on the London Stock Exchange.
The Circular will shortly be available for inspection at the
National Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM
and on the Company's website
For more information, please contact Belinda Thomas or Ben
Beaton at Triple Point Investment Management LLP on 020 7201
8989.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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