TPV1 Triple Point

TIDMTPV1 TIDMTPVA

RNS Number : 0068X

Triple Point Income VCT PLC

20 November 2017

Triple Point Income VCT plc ("the "Company")

LEI: 213800IXD8S5WY88L245

20 November 2017

Publication of Circular

The Company's A Ordinary Shares were issued to the former shareholders of TP12(I) VCT plc ("TP12") at the time that TP12 merged with the Company in November 2012. At the time of its launch in January 2012, one of TP12's stated objectives was that funds raised would be used to make investments from which a rapid exit would be sought after the five year VCT holding period had expired. The relevant five year period in relation to the A Ordinary Shares has now passed and the Company's board has agreed formal proposals to return the residual capital paid up on the A Ordinary Shares to the holders of A 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 14 December 2017.

If the resolutions are passed at the Meetings, Court hearings will then take place, following which the cancellation and extinguishment of the A Ordinary Shares will be effected. Following the cancellation and extinguishment of the A 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:

http://www.triplepoint.co.uk/vcts/triple-point-income-vct-plc/s87

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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November 20, 2017 09:49 ET (14:49 GMT)

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