Triple Point VCT 2011 PLC Issue of Equity and Total Voting Rights (4257J)

TIDMTPOA TIDMTTM TIDMTPOB TIDMTPON

RNS Number : 4257J

Triple Point VCT 2011 PLC

21 December 2020

21 December 2020

Triple Point VCT 2011 plc

(the "Company")

ISSUE OF EQUITY AND TOTAL VOTING RIGHTS

DIRECTOR/PDMR SHAREHOLDING

The Directors of Triple Point VCT 2011 plc are pleased to announce the allotment of 2,687,468 Venture Shares of 1p each at an average price of 93.735p per share on 21 December 2020 pursuant to the offer for subscription set out in a prospectus issued by the Company on 14 September 2020. As part of today's Venture Share allotment, Timothy Clarke, a Non Executive Director of the Company, acquired 27,052 Venture Shares in the Company. The notification further below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

The shares allotted are to be admitted to the Official List. Admission is expected to become effective on or around 7 January 2021.

As a consequence of this allotment the issued share capital and total voting rights of the Company is now 31,988,874:

9,951,133 A Ordinary Shares

6,805,351 B Ordinary Shares

15,232,390 Venture Shares

Notification of transactions of persons discharging managerial responsibility or connected persons

 
 1    Details of the person discharging managerial responsibilities 
       ("PDMR") / person closely associated ("PCA") 
 a)   Name                             Timothy Clarke 
     -------------------------------  ------------------------------- 
 2    Reason for Notification 
     ---------------------------------------------------------------- 
 a)   Position/status                  Non Executive Director 
     -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                             Triple Point VCT 2011 plc 
     -------------------------------  ------------------------------- 
 b)   LEI                              213800AOOAQA5XQDEA89 
     -------------------------------  ------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------- 
 a)   Description of the               Venture Shares of GBP0.01 each 
       financial instrument, 
       type of instrument               GB00BDTYGZ09 
       Identification code 
     -------------------------------  ------------------------------- 
 b)   Nature of the transaction        Purchase of shares 
     -------------------------------  ------------------------------- 
 c)   Price(s) and volume(s)            Price(s)      Volume(s) 
                                         GBP0.92413    27,052 
                                                      ---------- 
     -------------------------------  ------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               27,052 
       - Price                           GBP24,999.56 
     -------------------------------  ------------------------------- 
 e)   Date of the transaction          21 December 2020 
     -------------------------------  ------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
     -------------------------------  ------------------------------- 
 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
  Triple Point Investment Management   Tel: [phone] 
   LLP 
   (Investment Manager) 
  Ben Beaton 
   Belinda Thomas 
   Harry Penberthy 
 

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-vct-2011-plc/s2539/ .

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.

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December 21, 2020 11:29 ET (16:29 GMT)