Calculus VCT PLC Issue of Equity (4689R)
09 March 2016 - 6:00PM
UK Regulatory
TIDMCLC
RNS Number : 4689R
Calculus VCT PLC
08 March 2016
Calculus VCT plc
8 March 2016
Offer and Issue of Equity
The Board of Calculus VCT plc is pleased to announce that, in
connection with the offer for subscription for D ordinary shares of
1p each ("D Shares") that opened on 26 October 2015 ("Offer"),
applications have been received for in excess of the minimum
requirement of GBP1m for the Offer to proceed in respect of the
2015/2016 and 2016/2017 tax years in aggregate. An allotment of
876,181 D Shares in respect of the 2015/2016 tax year has taken
place today at an average issue price of GBP1.0264 per share.
Application for the D Shares to be admitted to the Official List
of the UK Listing Authority and to trading on the London Stock
Exchange's main market for listed securities has been made and it
is expected that admission will take place on 10 March 2016.
Applications in respect of the 2015/2016 tax year may continue
be lodged until 11.00 a.m. on 1 April 2016 by delivery to the
offices of the receiving agent, Capita Asset Services, Corporate
Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3
4TU.
Following this allotment, the issued share capital and total
voting rights of the Company comprises:
Number of shares Voting Votes per
in issue rights share
Ordinary shares
of 1p each 4,738,463 4,738,463 1
C shares of 1p
each 1,931,095 1,931,095 1
D shares of 1p
each 876,181 876,181 1
Total Voting Rights 7,545,739 7,545,739
The above total number of voting rights should be used by
shareholders as the denominator for calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure
and Transparency Rules.
Under the Offer the following directors have subscribed for new
D Shares to be issued in the 2015/16 tax year. Set out below are
the number of new D Shares subscribed and allotted today, the
effective issue price of the shares, and the percentage holding of
the current issued D share capital :
Name No of Price % holding Total % holding
shares of D shares number of company
subscribed of shares
held
John Glencross 9,700 GBP1.031 1.11 34,700 0.46
Michael O'Higgins 49,750 GBP1.005 5.68 252,250 3.34
Calculus Capital Limited
Company Secretary
Tel: 0207 493 4940
Email: info@calculuscapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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