Octopus Apollo VCT Amendment: Issue Of Equity And Total Voting Rights

 
TIDMOAP3 
 
 
   OCTOPUS APOLLO VCT PLC 
 
   20 December 2019 
 
   Amendment: Issue of Equity and Total Voting Rights 
 
   Amendment of RNS published at 15:00 on 18 December 2019 - Octopus Apollo 
VCT plc (the "Company") announced the allotment and issue of 12,316,135 
Ordinary Shares of 10p each at a price of 48.9p per share, however the 
current NAV of 46.2p was incorrectly used in the allotment calculation. 
Therefore, the number of shares issued and allotted along with the 
issued capital and total voting rights of the Company has changed, all 
the previously announced information remains the same. 
 
   The amended announcement as detailed below replaces the incorrect 
announcement which was made on the 18 December 2019. 
 
   18 December 2019 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Apollo VCT plc (the "Company") announces that 11,593,655 
Ordinary Shares of 10p each were issued and allotted on 18 December 2019 
at a price of 48.9p per share equivalent to the current NAV of 46.2p 
grossed up by up to 5.5% (as set out in the Prospectus dated 10 May 
2019). These shares were issued pursuant to the Offer for Subscription 
to raise up to GBP20 million, with an over-allotment facility of GBP10 
million, in the 2019/2020 and 2020/2021 tax years. 
 
   An application has been made to the London Stock Exchange for admission 
of the new shares.   Admission is expected to become effective on or 
around 06 January 2020. 
 
   The issued share capital and total voting rights of the Company is now 
290,861,525 Ordinary 10p Shares. 
 
   For further information please contact: 
 
   Parisha Kanani 
 
   Company Secretary 
 
   0203 935 3520 
 
 
 
 

(END) Dow Jones Newswires

December 23, 2019 02:00 ET (07:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.