Octopus Titan VCT 4 Octopus Titan VCT 4 PLC : Offer for subscription update and change to buyback policy

 
TIDMOTV4 
 
Octopus Titan VCT 4 Plc 
 
 
Offer for subscription update and change to buyback policy 
 
On 10 December 2012 Octopus Titan VCT 1 Plc, Octopus Titan VCT 2 Plc, Octopus 
Titan VCT 3 Plc, Octopus Titan VCT 4 Plc and Octopus Titan VCT 5 Plc 
("Company/ies") announced proposals to launch a new fundraising in 2013 by way 
of an offer for subscription for new ordinary shares ("Offer(s)"). 
 
Subject to regulatory and shareholder approval, the Companies are pleased to 
announce further terms of the Offers. 
 
It is intended that the Offers will be launched towards the end of January/early 
February and subscriptions will be available for both the tax years 2012/13 and 
2013/14. 
 
The Offers will be for up to  GBP30m split equally between the Companies, with an 
over allotment facility of a further  GBP10m.  The subscription price will be based 
on the most recently published NAV (adjusted for the cost of the Offer), 
immediately prior to allotment. 
 
Further, the Company will be changing its buy back policy so that shares will be 
bought at a 5% discount to the prevailing net asset value (previously 10%). 
 
 
For further information please contact: 
 
Patricia Standaloft 
Company Secretary 
020 7710 6471 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Octopus Titan VCT 4 PLC via Thomson Reuters ONE 
[HUG#1669922]