OCTOPUS AIM VCT PLC
9 September 2016
Issue of Equity and Total Voting Rights
Octopus AIM VCT plc (the "Company") announces that 1,415,527 Ordinary Shares of 1p each were issued and allotted today at a price of 114.1p per share, equivalent to the current NAV of 107.8p grossed up by up to 5.5% (as set out in the Prospectus dated 21 December 2015). These shares were issued pursuant to an Offer for Subscription to raise up to £20 million, with an over allotment facility of £10 million, in the 2015/2016 and 2016/2017 tax years.
The Company also announces the allotment and issue of 190 Ordinary Shares of 1p each at a price of 99.6p to shareholders who elected to receive Ordinary Shares under the Dividend Reinvestment Scheme as an alternative to the final dividend for the year ended 28 February 2016, payable on 22 July 2016.
Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 23 September 2016.
The issued share capital and total voting rights of the Company is now: 86,914,630 Ordinary Shares.
For further information please contact:
020 7776 8663
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Octopus AIM VCT PLC via Globenewswire