Issue of Equity
23 September 2010 - 3:16PM
UK Regulatory
TIDMAEV1
RNS Number : 2060T
Acuity Environmental VCT PLC
23 September 2010
Acuity Environmental VCT plc
23 September 2010
Issue of Equity
The Directors of Acuity Environmental VCT plc (the "Company") are pleased to
announce that with respect to the Offer for the 2010/2011 tax year a further
allotment has been made on 22 September 2010 of 32,000 ordinary shares of 0.1p
each ("Ordinary Shares") and 32,000 A shares of 0.1p each ("A Shares"), such
shares having been issued under offers (the "Offers") made pursuant to a joint
prospectus of the Company and Acuity Environmental VCT 2 plc, dated 19 November
2009, to raise up to, in aggregate, GBP20 million (the "Prospectus"). Each
Ordinary Share and A Share have together been issued at a price of 100 pence.
In accordance with the Prospectus for the Linked Offers for Subscription of the
Company and Acuity Environmental VCT 2 plc, dated 19 November 2009, as the
Companies received less than GBP10 million in aggregate, the Directors have
allocated the valid applications with respect to the 2010/2011 tax year solely
to Acuity Environmental VCT plc.
Application for the allotted Ordinary Shares and A Shares to be admitted to the
Official List of the UK Listing Authority and to trading on the London Stock
Exchange's market for listed securities will be made at the earliest practical
opportunity.
The Offers in respect of the 2009/2010 tax year have now closed. The Offers in
respect of the 2010/2011 tax year may close at any time but in any event not
later than 5.00 p.m. on 18 November 2010, unless fully subscribed earlier or
previously closed by the Directors.
For further information please contact:
Nicholas Ross - Acuity Capital Management Limited - (020) 7306 3901
This information is provided by RNS
The company news service from the London Stock Exchange
END
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