6th May 2020 10:10
Issue of Equity and Total Voting Rights
OCTOPUS APOLLO VCT PLC
6 May 2020
Issue of Equity and Total Voting Rights
Octopus Apollo VCT plc (the “Company”) announces that 1,970,623 Ordinary Shares of 10p each were issued and allotted on 5 May 2020 at a price of 45.4p per share equivalent to the current NAV of 42.9p grossed up by up to 5.5% (as set out in the Prospectus dated 10 May 2019, as supplemented by a supplementary prospectus dated 13 March 2020). These shares were issued pursuant to the Offer for Subscription to raise up to £40 million, with an over-allotment facility of £10 million, in the 2019/2020 and 2020/2021 tax years.
An application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on 7 May 2020.
The issued share capital and total voting rights of the Company is now 306,934,729 Ordinary 10p Shares.
The Offer is now closed.
For further information please contact:Graham VenablesFor Company Secretary 0203 935 3803
Related Shares:
Octopus Ap