Issue of Equity and Total Voting Rights and Cap...

Issue of Equity and Total Voting Rights and Capital

KINGS ARMS YARD VCT PLC

Issue of Equity and Total Voting Rights and Capital

213800DK8H27QY3J5R45

Kings Arms Yard VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Dividend Reinvestment Scheme Terms & Conditions issued to shareholders on 19 April 2011) the Company allotted 1,030,225 ordinary shares of 1 penny each (the "new ordinary shares") in the capital of the Company on 30 April 2018. The new ordinary shares were issued at a price of 21.00 pence per ordinary share, comprising the most recent net asset value less the dividend of 0.6 pence per ordinary share.

Of the 1,030,225 new ordinary shares allotted on 30 April 2018, an application has been made to the UK Listing Authority for the admission of 469,920 new 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 1 May 2018. The new ordinary shares will rank pari passu in all respects with the existing ordinary shares in issue.

A further application will be made to the UK Listing Authority for 457,591 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. It is expected that dealings will commence on 9 May 2018. The new ordinary shares will rank pari passu in all respects with the existing ordinary shares in issue.

A further application will be made to the UK Listing Authority for the 102,714 remaining 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. It is expected that dealings will commence on 16 May 2018. The new ordinary shares will rank pari passu in all respects with the existing ordinary shares in issue.

Following the issue of the new ordinary shares, the capital of the Company as at 30 April 2018 consists of 350,885,505 ordinary shares of which 44,505,000 are in Treasury.

Therefore, the total number of voting rights in the Company is 306,380,505 which may be used by shareholders or other persons 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.

30 April 2018

For further information please contact:

Vikash Hansrani
Operations Partner

Albion Capital Group LLP
Tel:  020 7601 1850




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kings Arms Yard VCT PLC via Globenewswire

UK 100

Latest directors dealings