Octopus Future Generations VCT plc Issue Of Equity And Total Voting Rights
09 November 2023 - 2:25AM
UK Regulatory
TIDMOFG
OCTOPUS FUTURE GENERATIONS VCT PLC
Issue of Equity and Total Voting Rights
Octopus Future Generations VCT plc (the 'Company') announces
that 2,027,485 Ordinary Shares of 0.1p each (the 'Shares') were
issued and allotted on 7 November 2023 (subject to Admission)
pursuant to the Company's offer for subscription (the 'Offer') to
raise up to GBP30 million, with an over-allotment facility of up to
GBP10 million, in the 2022/23 and 2023/24 tax years. The Shares
were issued at a price of 97.3p in accordance with the terms set
out in the Prospectus dated 19 January 2023 that was issued by the
Company in connection with the Offer (the price being calculated as
the NAV per share of the Company (as at 30 June 2023 and announced
on 18 October 2023) of 94.3p divided by 0.97). This is the final
allotment under the Offer.
Application for the Shares to be admitted to the Official List
of the Financial Conduct Authority ('FCA') and to trading on the
London Stock Exchange's main market for listed securities will be
made and dealings are expected to commence on or around 21 November
2023.
The issued share capital and total voting rights of the Company
are now 50,165,822. 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 Guidance and Transparency Rules.
For further information please contact:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
LEI: 213800AL71Z7N2O58N66
(END) Dow Jones Newswires
November 08, 2023 10:25 ET (15:25 GMT)
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