Octopus TitanVCT PLC Issue Of Equity And Total Voting Rights

 
TIDMOTV2 
 
 
   OCTOPUS TITAN VCT PLC 
 
   11 March 2020 
 
   Issue of Equity and Total Voting Rights 
 
   Octopus Titan VCT plc (the "Company") announces that 44,427,640 Ordinary 
Shares of 10p each ("shares") were issued and allotted on 11 March 2020 
at a price of 99.3p per share, equivalent to the current NAV of 93.8p 
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 over-allotment 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 996,034,837 and the unaudited net assets 
of the Company are calculated to be GBP934,280,677 based on the last 
released NAV per share of 93.8p. 
 
   Application has been made to the London Stock Exchange for admission of 
the new shares. Admission is expected to become effective on or around 
23 March 2020. 
 
   For further information please contact: 
 
   Parisha Kanani 
 
   Company Secretary 
 
   0203 935 3520 
 
 
 
 

(END) Dow Jones Newswires

March 11, 2020 08:00 ET (12:00 GMT)

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