Octopus Apollo VCT Net Asset Value(s)

 
TIDMOAP3 
 
 
   Octopus Apollo VCT plc 
 
   12 March 2021 
 
   Net asset value 
 
   The Board of Octopus Apollo VCT plc (the "Company") announces that as at 
31 January 2021 the unaudited net asset value ("NAV") of the Company was 
49.2 pence per ordinary share. 
 
   The Board has reviewed the portfolio at 12 March 2021 in detail and 
concluded that the current NAV of the Company is 50.1 pence per ordinary 
share, which will be used for the proposed allotment on 26 March 2021 
under the Company's current offer for subscription (the "Offer). This 
represents a 10.1% increase to the Company's previously published NAV as 
at 14 December 2020 of 46.6p per ordinary share, as adjusted for the 
interim dividend of 1.2p that was paid on 15 January 2021. This NAV 
change reflects valuation adjustments across the portfolio, which is 
carried at fair value, as advised by the Company's investment manager 
and approved by the Board. 
 
   The Offer remains open for both the 2020/21 and 2021/22 tax years. 
 
   The Company is satisfied that all inside information which the Directors 
and the Company may have, has been and will be notified to a Regulated 
Information Service and, therefore, the Company is not prohibited from 
dealing in its own securities. 
 
   The information contained within this announcement is deemed by the 
Company to constitute inside information as stipulated under the UK 
version of the Market Abuse Regulation (EU) No. 596/2014. Upon the 
publication of this announcement, this inside information is now 
considered to be in the public domain. 
 
   For further information please contact: 
 
   Graham Venables, 
 
   Octopus Company Secretarial Services Limited 
 
   Tel:  [phone] 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 12, 2021 05:00 ET (10:00 GMT)

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