Octopus TitanVCT PLC Octopus Titan Vct Plc : Issue Of Supplementary Prospectus
21 December 2017 - 3:30AM
UK Regulatory
TIDMOTV2
Octopus Titan VCT plc
20 December 2017
Issue of Supplementary Prospectus
The Board of Octopus Titan VCT plc (the "Company") announces that a
Supplementary Prospectus (the "Supplementary Prospectus") relating to
the Offer for Subscription to raise up to GBP120 million, with an over
allotment facility of GBP80 million (the "Offer"), in the 2017/2018 and
2018/2019 tax years has been published today.
The Supplementary Prospectus refers to proposed changes to the law
relating to Venture Capital Trusts set out in the Chancellor of the
Exchequer's budget statement on 22 November 2017, the publication of the
draft Finance Bill on 1 December 2017 and of guidance notes issued by
HMRC and HM Treasury on 4 December 2017 which have required an amendment
to the risk factors relating to the Offer, details of which are set out
in the Supplementary Prospectus.
A copy of the Supplementary Prospectus has been submitted to the
Financial Conduct Authority and will shortly be available for inspection
at the National Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM
Copies of the Supplementary Prospectus will also be available from the
Company's website:
https://octopusinvestments.com/investor/our-products/venture-capital-trusts/octopus-titan-vct/
For further enquiries, please contact:
Nicola Board
Company Secretary
020 7776 8663
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Octopus Titan VCT plc via Globenewswire
http://www.octopusinvestments.com
(END) Dow Jones Newswires
December 20, 2017 11:30 ET (16:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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