Guinness
VCT plc (the "Company")
Issue of
Ordinary Shares of 1p each ("Ordinary Shares") pursuant to an Offer
for Subscription for up to £10 million of Ordinary Shares with an
over-allotment facility for up to a further £5 million of Ordinary
Shares (the "Offer")
On 5 April
2024, 233,726 Ordinary Shares (the "Shares")
were allotted pursuant to the Offer. In accordance with the terms
and conditions of the Offer, the offer prices at which the Shares
were allotted were calculated by reference to the latest published NAV per Share. The
offer prices at which the Shares were issued and allotted ranged
from 97.09p to 102.76p per Ordinary Share.
Following the allotment above, the
total number of Ordinary Shares in issue is 7,102,499
(including one Ordinary Share issued as a subscriber
share). Therefore, the total number of voting rights in
the Company is 7,102,499. This figure may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change of interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.
Application for the Shares to be
admitted to the Official List of the Financial Conduct Authority
and to trading on the London Stock Exchange's main market for
listed securities will be made shortly and dealings are expected to
commence on or around 9 April 2024. CREST accounts are
expected to be credited as soon as practicable following the
allotment and definitive documents of title are expected to be
dispatched within ten business days of allotment.
Following this allotment, the total
number of Ordinary Shares issued pursuant to the Offer
is 2,657,038 Ordinary
Shares.
For further information, please
contact:
Hugo Vaux
Guinness Asset Management Limited
(Manager)
vct@guinnessfunds.com
Robin Smeaton
The City Partnership (UK) Limited
(Company Secretary)
enquiries@city.uk.com
Keith Lassman
Howard Kennedy Corporate Services
LLP
Keith.Lassman@howardkennedy.com
Alex Collins
Panmure Gordon (UK) Limited
(Corporate Broker)
alex.collins@panmure.com