Issue of Equity

RNS Number : 0967W

Close Technology & General VCT PLC

05 June 2008

 



5 June 2008

Close Technology & General VCT plc

Issue of Equity

This is to replace the announcement issued on 30 May 2008 under the heading 'Issue of Equity' (RNS number 6492V14).

Close Technology & General VCT plc (the 'Company') announces that, further to the Dividend Reinvestment Scheme introduced by the Company (details of which were set out in the Circular issued to shareholders on 18 April 2008), the Company allotted 20,976 ordinary shares of 50p each (the 'New Ordinary Shares') and 40,654 C ordinary shares of 50p each (the 'New C Ordinary Shares') in the capital of the Company on 30 May 2008.  In accordance with the Circular, the 'New Ordinary Shares' were issued at a price of 101.1p and the 'New C Shares' were issued at a price of 91.2p.

Accordingly, application has been made to the UK Listing Authority for the admission of the New Ordinary Shares and the New C Ordinary Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on 2 June 2008. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares in issue and the New C Ordinary Shares will rank pari passu in all respects with the existing C ordinary shares in issue.

Following the issue of the New Ordinary Shares and the New C Ordinary Shares the Company will have 13,611,991 ordinary shares and 35,519,776 C ordinary shares in issue.

In conformity with the Transparency Directive's provisions we would like to notify the market of the following:

Close Technology & General VCT PLC's capital as at 30 May 2008 consisted of 13,611,991 ordinary shares and 35,519,776 C ordinary shares. Close Technology & General VCT PLC holds 445,473 Ordinary shares and 14,796 C shares in Treasury.

Therefore the total number of voting rights in Close Technology & General VCT PLC is 48,671,498.

The figure of 48,671,498 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, Close Technology & General VCT PLC under the FSA's Disclosure and Transparency rules.

For further information, please contact:

Isabel Dolan

Close Ventures Limited

Tel: [phone]

 

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