Octopus Titan VCT plc : Issue of Equity and Tot...

OCTOPUS TITAN VCT PLC

21 June 2017

Issue of Equity and Total Voting Rights

Octopus Titan VCT plc (the "Company") announces that 512,301 Ordinary Shares of 10p each ("shares") were issued and allotted on 21 June 2017 at a price of 100.8p per share, equivalent to the current NAV of 95.2p grossed up by 5.5% (as set out in the Prospectus dated 23 August 2016).

These shares were issued pursuant to an Offer for Subscription to raise up to £70 million, with an over allotment facility of £50 million, in the 2016/2017 and 2017/2018 tax years, dated 23 August 2016.

Following this allotment, the issued share capital and total voting rights of the Company are now 447,482,483 and the unaudited net assets of the Company are approximately £426 million, based on a NAV per share of 95.2p.

Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 5 July 2017.

For further information please contact:

Nicola Board
Company Secretary
0207 776 8663

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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