Kings Arms Yard Issue Of Equity And Total Voting Rights And Capital

 
TIDMKAY 
 
 
   KINGS ARMS YARD VCT PLC 
 
   Issue of Equity and Total Voting Rights and Capital 
 
   Kings Arms Yard VCT PLC (the "Company") announces that, further to the 
Dividend Reinvestment Scheme (details of which were set out in the 
Dividend Reinvestment Scheme Terms & Conditions issued to shareholders 
on 19 April 2011) the Company allotted 649,493 Ordinary shares of 1p 
each (the "New Ordinary shares") in the capital of the Company on 31 
October 2016. The New Ordinary shares were issued at a price of 19.16p 
per Ordinary share, comprising the most recent net asset value less the 
dividend of 0.5 pence per Ordinary share. 
 
   Of the 649,493 New Ordinary shares allotted on 31 October 2016, an 
application has been made to the UK Listing Authority for the admission 
of 483,806 New Ordinary shares to the Official List of the UK Listing 
Authority and to trading on the London Stock Exchange's main market for 
listed securities and it is expected that dealings will commence on or 
before 1 November 2016. The New Ordinary shares will rank pari passu in 
all respects with the existing Ordinary shares in issue. 
 
   A further application will be made to the UK Listing Authority for the 
165,687 remaining 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. It is expected that dealings will commence 
on or before 8 November 2016. The New Ordinary shares will rank pari 
passu in all respects with the existing Ordinary shares in issue. 
 
   Following the issue of the New Ordinary shares, the capital of the 
Company as at 31 October 2016 consists of 283,993,804 Ordinary shares of 
which 35,558,000 are in Treasury. 
 
   Therefore, the total number of voting rights in the Company is 
248,435,804 which may be used by shareholders or other persons as the 
denominator for the 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. 
 
   For further information please contact: 
 
   Vikash Hansrani 
 
   Albion Ventures LLP 
 
   31 October 2016 
 
   Tel:  [phone] 
 
   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: Kings Arms Yard VCT PLC via Globenewswire 
 
 
  http://www.sparkventures.com 
 

(END) Dow Jones Newswires

October 31, 2016 06:20 ET (10:20 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.