Issue of Equity

RNS Number : 9515Z

Calculus VCT PLC

20 December 2017

 

Calculus VCT plc

20 December 2017

Offer and Issue of Equity

The Board of Calculus VCT plc ("Calculus" or the "Company") is pleased to announce that, in connection with the offer for subscription for ordinary shares of 1p each ("Shares"), further details of which were included in the Company's prospectus dated 4^th August 2017, an allotment of 367,800 Shares at an average issue price of 85.21p per Share ("Offer Shares") in respect of the 2017/2018 tax year has taken place today.

The Offer Shares will not rank for dividends payable by the Company in respect of the period ending 28 February 2018 but thereafter they will become identical and will rank for dividends from the period ending 28 February 2019 and accordingly until then will be admitted to trading under an ISIN GB00BDFB4953 and a TIDM "CLCN".  

Application for the Offer Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities has been made and it is expected that admission will take place on or around 21 December 2017.

Following this allotment, the issued share capital and total voting rights of the Company comprises:

	Number of shares in issue	Voting rights	Votes per share
Ordinary shares of 1p each (TIDM: CLC)	11,337,127	11,337,127	1
Ordinary shares of 1p each (TIDM: CLCN)	367,800	367,800	1
Total voting rights	11,704,927	11,704,927	1

The above total number of voting rights should be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

In addition, the Company would like to confirm that further to the "Issue of Equity" announcement dated 24^th October 2016 (RNS no. 3014N), the 2,001,471 Shares allotted that day are expected to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities on 27^th December 2017.

Calculus Capital Limited

Company Secretary

 

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