Octopus AIM VCT PLC : Issue of Equity and Total...

OCTOPUS AIM VCT PLC

11 March 2016

Issue of Equity and Total Voting Rights

Octopus AIM VCT plc (the "Company") announces that 1,755,594 Ordinary Shares of 1p each were issued and allotted on 10 March 2016 at a price of 108.2p per share, equivalent to the current NAV of 102.2p 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 533 Ordinary Shares of 1p each at a price of 106.2p 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 2015 and the special dividend which were payable on 7 August 2015. 

Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 24 March 2016.

The issued share capital and total voting rights of the Company is now: 77,767,338 Ordinary Shares.

For further information please contact:

Nicola Board
Company Secretary
020 7776 8663

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Octopus AIM VCT PLC via Globenewswire

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