Octopus TitanVCT PLC Issue Of Equity And Total Voting Rights

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   23 October 2019 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that 32,044,741 Ordinary 
Shares of 10p each ("shares") were issued and allotted on 23 October 
2019 at a price of 97.8p per share, equivalent to the current NAV of 
92.4p grossed up by 5.5% (as set out in the Prospectus dated 16 
September 2019). 
 
   These shares were issued pursuant to an Offer for Subscription to raise 
up to GBP120 million with an overallotment facility of GBP50 million in 
the 2019/2020 and 2020/2021 tax years. 
 
   Following the allotment, the issued share capital and total voting 
rights of the Company are now 925,821,633 and the unaudited net assets 
of the Company are calculated to be approximately GBP855,459,189 based 
on the last released NAV per share of 92.4p. 
 
   Application has been made to the London Stock Exchange for admission of 
the new shares. Admission is expected to become effective on or around 5 
November 2019. 
 
   For further information please contact: 
 
   Parisha Kanani 
 
   Company Secretary 
 
   0203 935 3520 
 
 
 
 

(END) Dow Jones Newswires

October 23, 2019 11:25 ET (15:25 GMT)

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