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Issue of Equity

29th Jan 2020 07:00

RNS Number : 2212B
RTW Venture Fund Limited
29 January 2020
 

LEI: 549300Q7EXQQH6KF7Z84

29 January 2020

RTW Venture Fund Limited

(the "Company")

ISSUE OF EQUITY

On 28 January 2020, the Company issued 145,000 new ordinary shares of no par value each at a price of US$1.3800 per share; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the net asset value per share at the time of the transaction.

As a result of this issue, the total number of ordinary shares in issue now stands at 169,898,087 and the total number of voting rights in the Company is 169,898,087. There are no shares held in treasury.

The above figure of 169,898,087 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The Company confirms that application for admission will be made to London Stock Exchange plc and it is expected that admission will occur at 8:00 a.m. on 4 February 2020.

For further information, please contact:

 

RTW Investments, LP

Stephanie Sirota, Chief Business OfficerAlexandra Taracanova, PhD, Director of Investor Relations

Julia Enright, Business Development Associate

 

+1 (646) 343 9280

J.P. Morgan Cazenove

William Simmonds

Ed Murray

Oliver Kenyon

James Bouverat (Sales)

Eddie Nissen (Sales)

 

+44 (0)20 7742 4000

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

+44 (0) 1481 742 642

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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