Octopus TitanVCT PLC Octopus Titan Vct Plc : Issue Of Equity And Total Voting Rights

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   2 February 2018 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that 26,821,677 Ordinary 
Shares of 10p each ("shares") were issued and allotted today at a price 
of 103.0p per share, equivalent to the current NAV of 97.3p grossed up 
by 5.5% (as set out in the Prospectus dated 5 September 2017). 
 
   These shares were issued pursuant to an Offer for Subscription to raise 
up to GBP120 million, with an over allotment facility of GBP80 million, 
in the 2017/2018 and 2018/2019 tax years, dated 5 September 2017. 
 
   Following today's allotment, the issued share capital and total voting 
rights of the Company are now  569,752,037 and the unaudited net assets 
of the Company are approximately GBP554 million, based on a NAV per 
share of 97.3p. 
 
   Application has been made to the London Stock Exchange for admission of 
the new shares. Admission is expected to become effective on or around 
16 February 2018. 
 
   For further information please contact: 
 
   Nicola Board 
 
   Company Secretary 
 
   0207 776 8663 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Octopus Titan VCT plc via Globenewswire 
 
 
  http://www.octopusinvestments.com 
 

(END) Dow Jones Newswires

February 02, 2018 10:28 ET (15:28 GMT)

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