Volta Finance Limited : Total voting rights
November 09 2017 - 1:00AM
Volta Finance
Limited (VTA) - Issue of shares
NOT FOR RELEASE, DISTRIBUTION OR
PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED
STATES
*****
Guernsey, 9 November 2017
Volta Finance Limited (the
"Company" or "Volta") announces that it has made an application for
admission to listing on the Official List of the UK Listing
Authority and to trading on the Main Market of the London Stock
Exchange of 4,542 newly issued Ordinary Shares of no par value in
the Company in relation to the part-payment of Directors' fees for
the quarter ended 31 October 2017. An application will also be made
for the admission of these Ordinary Shares to trading on Euronext
Amsterdam.
In accordance with the
announcement made on 29 March 2017, each Director will receive 30
per cent of his or her Director's fee for any year in the form of
newly issued shares at a per share price equal to the most recently
available Estimated NAV. The Directors are required to retain those
shares for a period of no less than one year from their respective
dates of issuance. The applicable Estimated NAV was €8.28 per share
as at 30 September 2017.
Following the issue of 4,542
Ordinary Shares, the Company's issued share capital comprised
36,557,518 Ordinary Shares and 1 Class B Share. Accordingly,
as at today's date, and in accordance with Rule 5.6.1 of the FCA's
Disclosure and Transparency Rules the total number of voting rights
in the Company is 36,557,519. Shareholders may use this total
voting rights figure as the denominator for the calculations by
which they may determine whether they are required to notify the
Company or the AFM of their interest in, or a change to their
interest in, the share capital of the Company.
For further
information, please contact:
Company Secretary
and Portfolio Administrator
Sanne Group (Guernsey) Limited
voltafinance@sannegroup.com
+44 (0) 1481 739810
Corporate
Broker
Cenkos Securities plc
Oliver Packard
Sapna Shah
+44 (0) 20 7397 1922
For the
Investment Manager
AXA Investment Managers Paris
Serge Demay
serge.demay@axa-im.com
+33 (0) 1 44 45 84 47
*****
ABOUT VOLTA FINANCE LIMITED
Volta Finance Limited is incorporated in Guernsey under The
Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext
Amsterdam and the London Stock Exchange's Main Market for listed
securities. Volta's home member state for the purposes of the EU
Transparency Directive is the Netherlands. As such, Volta is
subject to regulation and supervision by the AFM, being the
regulator for financial markets in the Netherlands.
Volta's investment objectives are
to preserve capital across the credit cycle and to provide a stable
stream of income to its shareholders through dividends. Volta seeks
to attain its investment objectives predominantly through
diversified investments in structured finance assets. The assets
that the Company may invest in either directly or indirectly
include, but are not limited to: corporate credits; sovereign and
quasi-sovereign debt; residential mortgage loans; and, automobile
loans. The Company's approach to investment is through vehicles and
arrangements that essentially provide leveraged exposure to
portfolios of such underlying assets. The Company has appointed AXA
Investment Managers Paris an investment management company with a
division specialised in structured credit, for the investment
management of all its assets.
*****
ABOUT AXA INVESTMENT MANAGERS
AXA Investment Managers (AXA IM) is a multi-expert asset management
company within the AXA Group, a global leader in financial
protection and wealth management. AXA IM is one of the largest
European-based asset managers with €717 billion in assets under
management as of the end of December 2016. AXA IM employs
approximately 2,420 people around the world.
*****
This press release is for information only and
does not constitute an invitation or inducement to acquire shares
in Volta Finance. Its circulation may be prohibited in certain
jurisdictions and no recipient may circulate copies of this
document in breach of such limitations or restrictions. This
document is not an offer for sale of the securities referred to
herein in the United States or to persons who are "U.S. persons"
for purposes of Regulation S under the U.S. Securities Act of 1933,
as amended (the "Securities Act"), or otherwise in circumstances
where such offer would be restricted by applicable law. Such
securities may not be sold in the United States absent registration
or an exemption from registration from the Securities Act. The
company does not intend to register any portion of the offer of
such securities in the United States or to conduct a public
offering of such securities in the United States.
*****
This communication is only being distributed to
and is only directed at (i) persons who are outside the United
Kingdom or (ii) investment professionals falling within Article
19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth
companies, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "relevant
persons"). The securities referred to herein are only available to,
and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should
not act or rely on this document or any of its contents. Past
performance cannot be relied on as a guide to future
performance.
*****
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: Volta Finance Limited via Globenewswire
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