Issue of Equity and Total Voting Rights
27 November 2023 - 6:00PM
Issue of Equity and Total Voting Rights
OCTOPUS TITAN VCT PLC
Issue of Equity and Total Voting
Rights
Octopus Titan VCT plc (the ‘Company’) announces
that 55,469,950 Ordinary Shares of 0.1p each (the ‘Shares’) were
issued and allotted on 24 November 2023 (subject to Admission)
pursuant to the Company’s offer for subscription (the ‘Offer’), to
raise £125 million, with an over allotment facility of £75 million,
in the 2023/2024 and 2024/2025 tax years. The Shares were issued at
a price of 72.2p each in accordance with the terms of the
prospectus dated 19 October 2023 that was issued by the Company in
connection with 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 8 December 2023.
The following directors were included within the
allotment and were allotted shares at a price per share of
72.2p:
|
|
No. of Shares |
Current Holding |
Percentage of Issued Share Capital |
|
Tom Leader |
11,166 |
45,294 |
0.002 |
|
Jane O’Riordan |
14,888 |
149,121 |
0.009 |
|
Lord Rockley |
29,777 |
74,422 |
0.004 |
|
Gaenor Bagley |
7,444 |
22,837 |
0.001 |
|
Julie Nahid Rahman |
4,466 |
4,466 |
<0.001 |
The Company announces that the following member
of Octopus Ventures, the team within Octopus Investments Limited
that manages the Company's investments, were included within the
allotment and were allotted shares at a price per share of
72.2p:
|
|
No. of Shares |
|
Malcolm Ferguson |
44,667 |
The issued share capital and total voting rights
of the Company are now 1,581,812,458. 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:
Rachel Peat Octopus Company Secretarial Services
Limited Tel: +44 (0)80 0316 2067
LEI: 213800A67IKGG6PVYW75
Octopus Titan Vct (LSE:OTV2)
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