Triple Point VCT 2011 PLC Issue of Equity and Total Voting Rights (0805R)

TIDMTPOA TIDMTTM TIDMTPOB TIDMTPON

RNS Number : 0805R

Triple Point VCT 2011 PLC

03 March 2021

3 March 2021

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 (the "Company") are pleased to announce the allotment of 2,043,606 Venture Shares of 1p each at an average price of 96.292p per share on 3 March 2021 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, Elizabeth Jane Onslow, a Non-Executive Director of the Company, acquired 26,033 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 10 March 2021.

As a consequence of this allotment the issued share capital and total voting rights of the Company is now 34,032,480:

9,951,133 A Ordinary Shares

6,805,351 B Ordinary Shares

17,275,996 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                             Elizabeth Jane Onslow 
     -------------------------------  ------------------------------- 
 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) 
                                         GBP0.96030    26,033 
                                                      ---------- 
     -------------------------------  ------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               26,033 
       - Price                           GBP24,999.49 
     -------------------------------  ------------------------------- 
 e)   Date of the transaction          3 March 2021 
     -------------------------------  ------------------------------- 
 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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March 03, 2021 11:03 ET (16:03 GMT)