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Issue of Equity

30th Mar 2012 15:19

RNS Number : 5069A
Ventus 2 VCT PLC
30 March 2012
 

Ventus 2 VCT plc (the "Company")

 

30 March 2012

 

Tender Offer & Offer for issue of Ordinary Shares

 

On 3 February 2012, the Company published a Circular in respect of (i) a Tender Offer to purchase up to 14,000,000 ordinary shares from existing shareholders and (ii) an Offer for the issue of up to £10,000,000 of ordinary shares of 25p each of the Company.

 

The Directors of the Company are pleased to announce that on 30 March 2012 in accordance with the terms of the Tender Offer and Offer:

 

·; A total of 8,273,796 ordinary shares were purchased for cancellation at a price of 58.4p per ordinary share.

·; A total of 8,118,280 ordinary shares of 25p each in the Company were allotted in respect of the shares tendered for cancellation at a price of 61.6p per ordinary share.

 

 

Following the cancellation and allotment described above, the issued share capital of the Company is 24,382,044 ordinary shares and 11,329,107 "C" shares.

 

Application is being made for the admission of the 8,118,280 ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.

 

 

For further information please contact: The City Partnership (UK) Limited on 0131 243 7210

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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