Calculus VCT PLC Issue of Equity (0294X)

TIDMCLC

RNS Number : 0294X

Calculus VCT PLC

03 May 2016

Calculus VCT plc

3 May 2016

Offer and Issue of Equity

The Board of Calculus VCT plc is pleased to announce that, in connection with the offer for subscription for D ordinary shares of 1p each ("D Shares") that opened on 26 October 2015 ("Offer"), a further allotment of 291,305 D Shares, in respect of the 2016/2017 tax year, has taken place today at an average issue price of GBP1.0333 per share.

Application for the D 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 it is expected that admission will take place on 4 May 2016.

Applications in respect of the 2016/2017 tax year may continue be lodged until 11.00 a.m on 21 October 2016 by delivery to the offices of the receiving agent, Capita Asset Services, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.

Following this allotment, the issued share capital and total voting rights of the Company comprises:

                                                                     Number of shares in issue            Voting rights     Votes per share 

Ordinary shares of 1p each 4,738,463 4,738,463 1

C shares of 1p each 1,931,095 1,931,095 1

D shares of 1p each 1,812,084 1,812,084 1

   Total Voting Rights                                                                 8,481,642 8,481,642 

The above total number of voting rights should be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Under the Offer the following directors have subscribed for new D Shares to be issued in the 2016/17 tax year. Set out below are the number of new D Shares subscribed and allotted today, the effective issue price of the shares, and the percentage holding of the current issued D Shares share capital:

 
 Name                   No of         Price       % holding      Total        % holding 
                         shares                    of D shares    number       in company 
                         subscribed                               of shares 
                                                                  held 
 Kate Cornish-Bowden    24,375        GBP1.0256   1.35%          34,375       0.41% 
 Steve Meeks            4,875         GBP1.0256   0.27%          25,425       0.30% 
 

Calculus Capital Limited

Company Secretary

Tel: [phone]

Email: [e-mail]

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May 03, 2016 05:28 ET (09:28 GMT)