OCTOPUS AIM VCT PLC
22 August 2017
Amendment - Issue of Equity and Total Voting Rights
Amendment of RNS published at 09:34 on 15 August 2017 - the third paragraph has been amended to refer to the 7,301 Ordinary Shares of 1p each being issued under the current Offer for Subscription (as set out in the Prospectus dated 16 June 2017) and the fourth paragraph amended to confirm that an application has been made for the new shares to be admitted to the Official List.
Octopus AIM VCT plc (the "Company") announces the following allotments of Ordinary Shares of 1p each in the capital of the Company were issued on 11 August 2017:
- 3,547 Shares in relation to an offer for subscription pursuant to a prospectus issued by the Company dated 1 February 2013;
- 608 Shares in relation to a top up offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 3 February 2014;
- 5,761 Shares in relation to a joint offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 29 August 2014;
- 3,528 Shares in relation to a joint offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 21 December 2015; and
- 60 Shares in relation to a top up offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 6 February 2017
The Company announces that the Shares referred to in a. b. c. d. and e. above were issued and allotted at a price of 125.9p per share, equivalent to the current NAV of 118.9p grossed up by up to 5.5%, under the terms of the relevant document. The allotments of the Ordinary Shares of 1p each in the capital of the Company were made after the close of the respective offers for subscription and relate to shares allotted as a result of reduced adviser charges in accordance with the terms and conditions of the respective offers for subscription.
In addition, a further 7,301 Ordinary Shares of 1p each were issued under the current Offer for Subscription (as set out in the Prospectus dated 16 June 2017) and allotted to employees of Octopus Capital Limited at a price of 125.9p per share, equivalent to the current NAV of 118.9p grossed up by up to 5.5%, as a result of a rebate of part of the annual management charge by Octopus Investments Limited, the Company's investment manager.
Application for the new shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities has been made and dealings are expected to commence on or around 25 August 2017.
The issued share capital and total voting rights of the Company is now: 97,829,766 Ordinary Shares.
For further information please contact:
Nicola Board
Company Secretary
020 7776 8663