Octopus TitanVCT PLC Issue Of Equity And Total Voting Rights
27 November 2023 - 8:00AM
UK Regulatory
TIDMOTV2
OCTOPUS TITAN VCT PLC
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc (the 'Company') announces that 55,469,950
Ordinary Shares of 0.1p each (the 'Shares') were issued and
allotted on 24 November 2023 (subject to Admission) pursuant to the
Company's offer for subscription (the 'Offer'), to raise GBP125
million, with an over allotment facility of GBP75 million, in the
2023/2024 and 2024/2025 tax years. The Shares were issued at a
price of 72.2p each in accordance with the terms of the prospectus
dated 19 October 2023 that was issued by the Company in connection
with the Offer.
Application for the Shares to be admitted to the Official List
of the Financial Conduct Authority ('FCA') and to trading on the
London Stock Exchange's main market for listed securities will be
made and dealings are expected to commence on or around 8 December
2023.
The following directors were included within the allotment and
were allotted shares at a price per share of 72.2p:
Percentage of Issued
No. of Shares Current Holding Share Capital
------------------- ------------- --------------- --------------------
Tom Leader 11,166 45,294 0.002
------------------- ------------- --------------- --------------------
Jane O'Riordan 14,888 149,121 0.009
------------------- ------------- --------------- --------------------
Lord Rockley 29,777 74,422 0.004
------------------- ------------- --------------- --------------------
Gaenor Bagley 7,444 22,837 0.001
------------------- ------------- --------------- --------------------
Julie Nahid Rahman 4,466 4,466 <0.001
------------------- ------------- --------------- --------------------
The Company announces that the following member of Octopus
Ventures, the team within Octopus Investments Limited that manages
the Company's investments, were included within the allotment and
were allotted shares at a price per share of 72.2p:
No. of Shares
----------------- -------------
Malcolm Ferguson 44,667
----------------- -------------
The issued share capital and total voting rights of the Company
are now 1,581,812,458 . This figure may be used by shareholders in
the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
LEI: 213800A67IKGG6PVYW75
(END) Dow Jones Newswires
November 27, 2023 02:00 ET (07:00 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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