Octopus Future Generations VCT plc Issue Of Equity And Total Voting Rights

 
TIDMOFG 
 

OCTOPUS FUTURE GENERATIONS VCT PLC

Issue of Equity and Total Voting Rights

Octopus Future Generations VCT plc (the 'Company') announces that 3,429,020 Ordinary Shares of 0.1p each (the 'Shares') were issued and allotted on 10 March 2023 (subject to Admission) pursuant to the Company's offer for subscription (the 'Offer') to raise up to GBP30 million, with an over-allotment facility of up to GBP10 million, in the 2022/23 and 2023/24 tax years. The Shares were issued at a price of 98.1p in accordance with the terms set out in the Prospectus dated 19 January 2023 that was issued by the Company in connection with the Offer (the price being calculated as the NAV per share of the Company (as at 31 December 2022 and announced on 28 February 2023) of 95.1p divided by 0.97). This is the first allotment under the Offer.

Application for the Shares to be admitted to the Official List of the Financial Conduct Authority ('FCA') and to trading on the London Stock Exchange's main market for listed securities will be made and dealings are expected to commence on or around 24 March 2023.

The issued share capital and total voting rights of the Company are now 44,556,130 . This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Rachel Peat

Octopus Company Secretarial Services Limited

Tel: [phone]

LEI: 213800AL71Z7N2O58N66

(END) Dow Jones Newswires

March 13, 2023 09:00 ET (13:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.