Octopus Apollo VCT Issue Of Equity And Total Voting Rights
18 July 2019 - 1:46AM
UK Regulatory
TIDMOAP3
OCTOPUS APOLLO VCT PLC
17 July 2019
Issue of Equity and Total Voting Rights
Octopus Apollo VCT plc (the "Company") announces that 17,175,934
Ordinary Shares of 10p each were issued and allotted on 17 July 2019 at
a price of 49.6p per share equivalent to the current NAV of 46.8p
grossed up by up to 5.5% (as set out in the Prospectus dated 10 May
2019). These shares were issued pursuant to the Offer for Subscription
to raise up to GBP20 million, with an over allotment facility of GBP10
million, in the 2019/2020 and 2020/2021 tax years.
Mr Murray Steele, Chairman of the Company, was allotted 21,269 Ordinary
Shares at a price per share of 49.6p and his total holdings are 75,720
now, representing approximately 0.03% of the Company's issued Ordinary
share capital.
An application has been made to the London Stock Exchange for admission
of the new shares. Admission is expected to become effective on or
around 26 July 2019.
The issued share capital and total voting rights of the Company is now
265,459,370 Ordinary 10p Shares.
For further information please contact:
Parisha Kanani
Company Secretary
0203 935 3520
(END) Dow Jones Newswires
July 17, 2019 11:46 ET (15:46 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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