Octopus TitanVCT PLC Issue Of Equity And Total Voting Rights

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   24 August 2018 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that the following 
issues of Ordinary Shares of 10p each (the "Shares") in the capital of 
the Company were allotted on 24 August 2018, subject to admission: 
 
 
   1. 8,952 Shares in relation to a joint offer for subscription pursuant to a 
      prospectus issued by the Company, in conjunction with Octopus Titan VCT 1 
      plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc and Octopus Titan 
      VCT 5 plc, dated 7 February 2013; 
 
   2. 20,595 Shares in relation to a joint offer for subscription pursuant to 
      an offer document issued by the Company, in conjunction with Octopus 
      Titan VCT 1 plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc and 
      Octopus Titan VCT 5 plc, dated 3 September 2013; 
 
   3. 15,401 Shares in relation to a joint top up offer for subscription 
      pursuant to an offer document issued by the Company, in conjunction with 
      Octopus Titan VCT 1 plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc 
      and Octopus Titan VCT 5 plc, dated 16 September 2014; 
 
   4. 26,938 Shares in relation to an offer for subscription pursuant to a 
      prospectus issued by the Company dated 8 September 2015; 
 
   5. 47,578 Shares in relation to an offer for subscription pursuant to a 
      prospectus issued by the Company dated 23 August 2016; and 
 
   6. 17,586 Shares be issued in relation to an offer for subscription pursuant 
      to a prospectus issued by the Company dated 5 September 2017. 
 
 
   The Company announces that the Shares referred to in a, b, c, d, e and f 
above were issued and allotted at a price equivalent to the current NAV 
of 92.3p under the terms of the relevant document.  The allotments of 
the Ordinary Shares of 10p each in the capital of the Company were made 
after the close of the respective offers for subscription and relate to 
shares allotted as a result of reduced adviser charges in accordance 
with the terms and conditions of the respective offers for subscription. 
 
   In addition, a further 69,471 Ordinary Shares of 10p each were issued 
and allotted to employees of Octopus Capital Limited and directors of 
the Company at a price equivalent to the current NAV of 92.3p, as a 
result of a rebate of part of the Annual management charge by Octopus 
Investments Limited, the Company's investment manager. 
 
   Mr Matt Cooper, a Director of the Company, was allotted 3,536 Ordinary 
Shares at a price per share of 92.3p and his total holdings are 
1,189,321 Ordinary Shares, now representing approximately 0.18% of the 
Company's issued Ordinary share capital. 
 
   Application has been made to the London Stock Exchange for admission of 
the new shares. Admission is expected to become effective on or around 
10 September 2018. 
 
   The issued share capital and total voting rights of the Company is now: 
658,287,940 
 
   For further information please contact: 
 
   Parisha Kanani 
 
   Company Secretary 
 
   020 3935 3520 
 
 
 
 

(END) Dow Jones Newswires

August 24, 2018 12:18 ET (16:18 GMT)

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