Molten Ventures VCT plc Share Buybacks
23 Dezember 2022 - 2:26PM
UK Regulatory
TIDMMVCT
Molten Ventures VCT plc
LEI: 2138003I9Q1QPDSQ9Z97
Share Buybacks
23 December 2022
Molten Ventures VCT plc ("the Company") has a stated share
buyback policy as follows:
"The Company intends to buy back its shares at a discount of
approximately 5.0% to the last published NAV, subject to liquidity,
VCT regulations and the Listing Rules. The Company intends to
acquire its own shares in the market four times each year. The
Board will agree the price at which such buybacks are undertaken
which will not be more than 95.0% of the last published NAV for the
share although the Board may decide to buy back shares at their
discretion at a larger discount subject to VCT regulations,
liquidity and the Listing Rules.
The implementation of the buyback policy in relation to shares
will be at the Board's discretion and subject to the Company's
liquidity, and stock market and other applicable regulations."
In line with this stated policy and having reviewed projections
in respect of compliance with the VCT regulations, to ensure
compliance with such regulations, the Board does not expect the
Company to undertake its next buyback of shares until early April
2023.
(END) Dow Jones Newswires
December 23, 2022 08:26 ET (13:26 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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