Issue of Equity
02 July 2010 - 11:49PM
UK Regulatory
TIDMAEV1
RNS Number : 7566O
Acuity Environmental VCT PLC
02 July 2010
Acuity Environmental VCT plc
2 July 2010
Issue of Equity
The Directors of Acuity Environmental VCT plc (the "Company") are pleased to
announce that a further allotment on 1 July 2010 of 17,800 ordinary shares of
0.1p each ("Ordinary Shares") and 17,800 A shares of 0.1p each ("A Shares"),
such shares having been issued under offers (the "Offers") made pursuant to a
joint prospectus of the Company and Acuity Environmental VCT 2 plc, dated 19
November 2009, to raise up to, in aggregate, GBP20 million (the "Prospectus").
Each Ordinary Share and A Share have together been issued at a price of 100
pence.
In accordance with the Prospectus for the Linked Offers for Subscription of the
Company and Acuity Environmental VCT 2 plc, dated 19 November 2009, as the
Companies received less than GBP10 million in aggregate, the Directors have
allocated the valid applications solely to Acuity Environmental VCT plc. Both
the 2010/11 offers remain open.
Application for the Ordinary Shares and A Shares to be admitted to the Official
List of the UK Listing Authority and to trading on the London Stock Exchange's
market for listed securities will be made at the earliest practical opportunity.
The Offers in respect of the 2009/2010 tax year have now closed. The Offers in
respect of the 2010/2011 tax year may close at any time but in any event not
later than 5.00 p.m. on 18 November 2010, unless fully subscribed earlier or
previously closed by the Directors.
For further information please contact:
Nicholas Ross - Acuity Capital Management Limited - (020) 7306 3901
This information is provided by RNS
The company news service from the London Stock Exchange
END
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