Conversion of Securities

 

TIDMNEP TIDMNEPC 
 
RNS Number : 4646R 
Neptune-Calculus Income &Growth VCT 
30 April 2009 
 

 
 
Neptune-Calculus Income and Growth VCT plc (the "Company") 
 
 
Conversion of C ordinary shares into ordinary shares 
 
 
 
 
 
 
As set out in the prospectus dated 5 October 2005, relating to the issue of the 
C ordinary shares of 10p each in the Company ("C shares") the C shares convert 
into ordinary shares of 10p each in the Company ("Ordinary shares") on 30 April 
2009. The net asset values at 31 December 2008 formed the basis for calculating 
the conversion ratio for converting the C shares to Ordinary shares. C 
shareholders are receiving 0.9457 of an Ordinary share for each C share owned on 
30 April 2009. 
 
 
8,300,185 new Ordinary shares, which rank pari passu with the existing Ordinary 
shares, are being issued, arising from the conversion of the C shares, bringing 
the total number of Ordinary shares in issue to 12,400,991. Application has been 
made for the 8,300,185 new Ordinary shares to be admitted to the Official List 
and to trading on the London Stock Exchange. It is expected that admission of 
the new Ordinary shares to the official list and to trading on the London Stock 
Exchange will be effective on 1 May 2009 and that the listing of all of the 
8,776,764 C shares will be cancelled with effect from 1 May 2009 following 
conversion. 
 
 
The share certificates for the Ordinary shares arising on conversion will be 
posted to shareholders by 14 May 2009. 
 
 
 
 
 
 
Lesley Watkins 
Company Secretary 
0207 518 8052 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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