Octopus Apollo VCT Issue Of Equity And Total Voting Rights
19 December 2020 - 2:00AM
UK Regulatory
TIDMOAP3
OCTOPUS APOLLO VCT PLC
Issue of Equity and Total Voting Rights
Octopus Apollo VCT plc (the "Company") announces that 22,727,041
Ordinary Shares of 10p each were issued and allotted on 18 December 2020
at a price of 49.4p per share equivalent to the current NAV of 46.6p
grossed up by up to 5.5% (as set out in the Prospectus dated 25
September 2020). These shares were issued pursuant to the Offer for
Subscription to raise up to GBP25 million, in the 2020/2021 and
2021/2022 tax years.
Included within the allotment:
Mr Christopher Powles, a director of the Company, was allotted 10,880
Ordinary Shares at a price per share of 49.4p and his holding is now
25,029, representing 0.01% 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 29 December 2020.
The issued share capital and total voting rights of the Company is now
341,749,340. This figure may be used by shareholders in the Company as
the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's Disclosure
and Transparency Rules.
For further information please contact:
Graham Venables
Octopus Company Secretarial Services Limited
020 3935 3803
(END) Dow Jones Newswires
December 18, 2020 10:00 ET (15:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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