Octopus Titan VCT plc : Information Update

Octopus Titan VCT plc : Information Update

Octopus Titan VCT plc ("The Company")

5 September 2017

Fund update

 
In the three month period to 31 July 2017, eight follow-on investments were made totalling £16 million.
 
Between 30 April and 31 July 2017, there has been a reduction in cash and cash equivalents of £18 million, resulting in a cash and cash equivalents balance of £154 million. This cash outflow comprised £16 million in respect of investments into existing portfolio companies, £3 million in respect of fund expenses and £1 million in respect of share buybacks, offset by a £2m increase in the valuation of Titan's cash equivalent investments.
 
For further enquiries, please contact:
 
Jo Oliver
Octopus Investments Limited
0800 316 2295                 
 



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: Octopus Titan VCT plc via Globenewswire

UK 100

Latest directors dealings