Triple Point VCT 2011 Plc Publication of Circular (0850U)

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RNS Number : 0850U

Triple Point VCT 2011 Plc

19 October 2017

Triple Point VCT 2011 plc ("the "Company")

LEI: 213800AOOAQA5XQDEA89

19 October 2017

Publication of Circular

The Company concluded its offer for subscription for ordinary shares of 1p each in the Company ("Ordinary Shares") in 2011. It was always anticipated that the Company would seek to return funds to the subscribers for Ordinary Shares as soon as possible after the five year holding period for that share class stipulated in VCT regulations had ended. The fifth anniversary of the close of that share offer has now passed and the Company's board has agreed formal proposals to return the residual capital paid up on the Ordinary Shares to the holders of Ordinary Shares and to cancel and extinguish those shares by means of a Court approved reduction of capital.

The Company has issued a circular (the "Circular") setting out these proposals in full and giving notice of a general and class meeting (the "Meetings") at which the resolutions to enable these proposals are to be considered by its shareholders. The Meetings are to be held on 20 November 2017.

If the resolutions are passed at the Meetings, Court hearings will then take place, following which the cancellation and extinguishment of the Ordinary Shares will be effected. Following the cancellation and extinguishment of the Ordinary Shares, they will be subsequently removed from the Official List of the UKLA and from trading on the London Stock Exchange.

The Circular will shortly be available for inspection at the National Storage Mechanism, which is located at:

http://www.morningstar.co.uk/uk/NSM

and on the Company's website

For more information, please contact Belinda Thomas or Ben Beaton at Triple Point Investment Management LLP on 020 7201 8989.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 19, 2017 05:58 ET (09:58 GMT)