Seneca Growth Capital VCT plc Issue Of Equity And Tvr
01 April 2021 - 9:36PM
UK Regulatory
TIDMHYG TIDMSVCT
Seneca Growth Capital VCT Plc (the "Company")
1 April 2021
Issue of Equity and Total Voting Rights
The Company announces that it has today allotted and issued 1,878,885
new B ordinary shares of 1p each in the Company ("B Shares").
The shares were issued pursuant to an offer for subscription for B
Shares launched on 13 October 2020 to raise, in aggregate, up to GBP10
million with an over-allotment facility of up to a further GBP10 million
(before issue costs) (the "Offer").
Pursuant to the Offer, and the GBP1,906,900 of valid applications
received since 26 February 2021 (the cut-off date for the last allotment
of shares made on 2 March 2021), and up to and including 30 March 2021
in respect of the 2020/2021 tax year, the Company has today allotted and
issued 1,878,885 B Shares. In accordance with the allotment formula set
out in the prospectus for the Offer, the B Shares have been allotted at
the offer prices in the range of 100.4p to 106.3p per share, calculated
by reference to the unaudited net asset value of a B Share as at 29
March 2021 (100.4p per B Share as announced on 31 March 2021).
As a result of this allotment, the number of shares now in issue is
8,115,376 ordinary shares of 1p each and 11,794,947 B Shares. Therefore,
the total number of voting rights in the Company is 19,910,323.
In respect of this allotment, an application will be made by the Company
to the Financial Conduct Authority and to the London Stock Exchange for
the B Shares so issued to be admitted to the Official List and to
trading on the London Stock Exchange's main market for listed
securities. It is expected that the admission of the B Shares will
become effective and dealings will commence on or around 9 April 2021.
The above statement of voting capital may be used by shareholders as the
denominator for the calculations by which they will determine if they
are required to notify their interest, or a change to their interest, in
the Company under the FCA's Disclosure Guidance and Transparency Rules.
This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of
English law by virtue of the European (Withdrawal) Act 2018, as amended.
On publication of this announcement via a regulatory information service,
this information is considered to be in the public domain.
For further information, please contact:
John Hustler, Seneca Growth Capital VCT Plc at
john.hustler@btconnect.com
Richard Manley, Seneca Growth Capital VCT Plc at
Richard.Manley@senecapartners.co.uk
Any enquiries in respect of the Offer should be directed to:
John Davies
Seneca Partners Limited
01942 295 981
John.Davies@senecapartners.co.uk
(END) Dow Jones Newswires
April 01, 2021 06:36 ET (10:36 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Seneca Growth Capital Vct (LSE:SVCT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Seneca Growth Capital Vct (LSE:SVCT)
Historical Stock Chart
From Dec 2023 to Dec 2024