Octopus Apollo VCT Octopus Apollo Vct Plc : Issue Of Equity And Total Voting Rights

 
TIDMOAP3 
 
 
   OCTOPUS APOLLO VCT PLC 
 
   20 March 2017 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Apollo VCT plc (the "Company") announces that an allotment of 
22,862,628 Ordinary Shares of 10p each ("shares") were issued and 
allotted on 17 March 2017 (subject to Admission) at a price of 66.9p per 
share, equivalent to the current NAV of 63.2p grossed up by 5.5% (as set 
out in the Prospectus dated 4 November 2016). These shares were issued 
pursuant to the Offer for Subscription to raise up to GBP20 million in 
the 2016/2017 and 2017/2018 tax years. 
 
   Included within this allotment: 
 
   Mr Murray Steele, a director of the Company and a Person Discharging 
Managerial Responsibilities, was allotted 16,068 Ordinary Shares at a 
price per share of 66.9p and his total holdings are now 54,451, 
representing less than 0.1% of the Company's issued Ordinary share 
capital. 
 
   Application has been made to the London Stock Exchange for admission of 
the new shares. Admission is expected to become effective on or around 
31 March 2017. 
 
   The issued share capital and total voting rights of the Company is now: 
247,332,747 Ordinary 10p Shares. 
 
   For further information please contact: 
 
   Nicola Board 
 
   Company Secretary 
 
   020 7776 8663 
 
   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: Octopus Apollo VCT plc via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

March 20, 2017 05:36 ET (09:36 GMT)

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