Molten Ventures VCT PLC Issue of Equity
24 April 2024 - 4:31PM
RNS Regulatory News
RNS Number : 9100L
Molten Ventures VCT PLC
24 April 2024
Molten Ventures VCT
plc
LEI:
2138003I9Q1QPDSQ9Z97
24 April 2024
Issue of Equity under Offer and
DRIS
The Board of Molten Ventures VCT plc (the
"Company") announces an allotment on 24 April 2024 of Ordinary
Shares of 5p each ("Shares"), pursuant to the Offer for
Subscription that launched on 3 October 2023 ("the "Offer").
The Company allotted 587,656 Shares at an average price of 48.58p
per Share. The shares were issued under the pricing formula
in the Prospectus using a Net Asset Value of 47.27p per share
(being the unaudited adjusted net asset value as of 4 April 2024,
which has been adjusted down for payment of the 1p dividend on 5
April 2024). The allotment of shares will rank pari passu
with existing Ordinary Shares.
The issued share capital and total voting
rights of the Company is now 269,716,836 Ordinary
Shares.
The above figure may be used by Shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, Molten Ventures VCT plc under the FCA's
Disclosure and Transparency Rules.
Application for the 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 practicable opportunity. Dealings are expected to
commence on or around 1 May 2024.
For further information please
contact:
ISCA Administration Services Limited,
Company Secretary 01392 487056
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IOEFLFFSSAISFIS
Molten Ventures Vct (LSE:MVCT)
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