OCTOPUS TITAN VCT PLC
30 November 2021
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc (the “Company”) announces that 360,481 Ordinary Shares of 10p each were issued and allotted on 29 November 2021 at a price of 113.9p per share, equivalent to the current NAV.
These shares were issued to those investors who, in accordance with the adviser charging terms contained in each fundraising document offered to the public and published since 31 December 2012 following the introduction of the retail distribution review, had chosen to pay their adviser less than the 0.5% ongoing adviser charge; and to employees, who have been rebated the annual management charge.
Mr Matthew Cooper, a director of the Company, was allotted 22,613 Ordinary Shares at a price per share of 113.9p and his total holdings are 1,911,287 now, representing approximately 0.173% of the Company’s issued Ordinary share capital.
Application for the new shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market for listed securities has been made and dealings are expected to commence on or around 13 December 2021.
The issued share capital and total voting rights of the Company is now 1,107,098,285. 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:
For Octopus Company Secretarial Services Limited
020 7710 2800