Issue of Equity
Summary by AI BETAClose X
Molten Ventures VCT plc
LEI: 2138003I9Q1QPDSQ9Z97
4 August 2026
Issue of Equity under Prospectus
On 7 October 2025 the Board of Board of Molten Ventures VCT plc (the "Company") announced the issue of a prospectus (the "Prospectus"), containing an offer for subscription of up to £10 million with an overallotment facility for a further £20 million through the issue of new shares. The Company announced on 24 February 2026 that £10 million of the overallotment facility had been included in the amount of funds being raised.
The Company is pleased to announce that on 4 August 2026, in accordance with the terms of the Prospectus, 2,467,838 Ordinary Shares of 5p each were allotted at prices ranging from 40.61p to 42.77p (due to the operation of the pricing formula) based on an unaudited net asset value of 40.2p per share. The allotment of shares will rank pari passu with existing Ordinary Shares.
Under the Prospectus the Company has raised £17.5 million. The Offer is now closed.
The issued share capital and total voting rights of the Company is now 312,201,512 Ordinary Shares.
The above figure may be used by Shareholders 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, Molten Ventures VCT plc under the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules.
Application for the Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made at the earliest practicable opportunity. Dealings are expected to commence on or around 11 August 2026.
Enquiries:
For further information please contact the Manager on 020 7931 8800 or via email to vct@molten.vc.
Sales enquiries should be directed to RAM Capital on 020 3006 7530 or via email to taxsolutions@ramcapital.co.uk
Administrative queries should be directed to the Company Secretary ISCA Administration Services Limited on 01392 487056.
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