Octopus TitanVCT PLC Octopus Titan Vct Plc : Issue Of Equity And Total Voting Rights

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   18 August 2017 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that the following 
issues of Ordinary Shares of 10p each ("Shares") in the capital of the 
Company were allotted on 17 August 2017, subject to admission: 
 
 
   1. 9,115 Shares in relation to a joint offer for subscription pursuant to a 
      prospectus issued by the Company, in conjunction with Octopus Titan VCT 1 
      plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc and Octopus Titan 
      VCT 5 plc, dated 7 February 2013; 
 
   2. 19,887 Shares in relation to a joint offer for subscription pursuant to 
      an offer document issued by the Company, in conjunction with Octopus 
      Titan VCT 1 plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc and 
      Octopus Titan VCT 5 plc, dated 3 September 2013; 
 
   3. 15,597 Shares in relation to a joint top up offer for subscription 
      pursuant to an offer document issued by the Company, in conjunction with 
      Octopus Titan VCT 1 plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc 
      and Octopus Titan VCT 5 plc, dated 16 September 2014; 
 
   4. 26,602 Shares in relation to an offer for subscription pursuant to a 
      prospectus issued by the Company dated 8 September 2015; and 
 
   5. 12,312 Shares in relation to an offer for subscription pursuant to a 
      prospectus issued by the Company dated 23 August 2016. 
 
 
   The Company announces that the Shares referred to in a, b, c, d and e 
above were issued and allotted at a price of 98.7p pershare, equivalent 
to the current NAV of 93.2p grossed up by up to 5.5%, under the terms of 
the relevant document.  The allotments of the Ordinary Shares of 10p 
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 57,000 Ordinary Shares of 10p each were issued 
and allotted to employees of Octopus Capital Limited and directors of 
the Company at a price of 98.7p per share, equivalent to the current NAV 
of 93.2p 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. 
 
   Mr Matt Cooper, a director of the Company, was allotted 18,708 Ordinary 
Shares at a price per share of 98.7p and his total holdings are now 
977,048, representing approximately 0.2% 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 1 
September 2017. 
 
   The issued share capital and total voting rights of the Company is now: 
447,673,767. 
 
   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 Titan VCT plc via Globenewswire 
 
 
  http://www.octopusinvestments.com 
 

(END) Dow Jones Newswires

August 18, 2017 04:48 ET (08:48 GMT)

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