Publication of Prospectus

Summary by AI BETAClose X

Octopus Future Generations VCT plc has published a prospectus for an offer to raise up to £10 million, with an over-allotment option for an additional £5 million, following Financial Conduct Authority approval. The offer, which is now open and will close on 31 March 2026 for the current tax year or 1 February 2027 for the next, involves a related party transaction where the portfolio manager will receive a 3 per cent. fee on gross funds raised. The board considers these arrangements fair and reasonable for shareholders.

Disclaimer*

Publication of Prospectus

Octopus Future Generations VCT plc (“the “Company”)

Publication of Prospectus

The Company has issued a prospectus dated 2 February 2026 relating to a proposed offer for subscription for ordinary shares of 0.1p each in the Company (“New Shares”) to raise up to £10 million with an over-allotment of up to a further £5 million (the “Offer”), following approval from the Financial Conduct Authority.

Pursuant to an agreement dated 2 February 2026 relating to the Offer between, inter alia, the Company and Octopus Investments Limited, the Company’s portfolio manager (the “Portfolio Manager”), which constitutes a related party transaction falling within UK Listing Rule 8.2.1R, the Portfolio Manager will receive a fee of 3 per cent. of the gross funds raised under the Offer by the Company.

The board of the Company believes that the above arrangements are fair and reasonable as far as the shareholders of the Company are concerned and have been so advised by Howard Kennedy Corporate Services LLP, as sponsor to the Company.

The Offer is now open and will close at 5.00 pm on 31 March 2026 for the 2025/2026 tax year and on 1 February 2027 for the 2026/2027 tax year, or earlier if the Offer is fully subscribed. The board of the Company reserves the right to close the Offer earlier.

The prospectus will shortly be available for inspection at the National Storage Mechanism, which is located at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

and on the Company’s website

http://www.octopusinvestments.com

For further information please contact:

Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800AL71Z7N2O58N66


UK 100

Latest directors dealings