Octopus Apollo VCT plc
Publication of Prospectus
Octopus Apollo VCT plc (the ‘Company’) has issued a prospectus, dated 16 November 2023, relating to a proposed offer for subscription for ordinary shares of 0.1p each in the Company (‘New Shares’) to raise up to £35 million with an over-allotment of up to a further £15 million (the ‘Offer’), following the approval of the prospectus from the Financial Conduct Authority.
Pursuant to an agreement dated 16 November 2023 relating to the Offer between, inter alia, the Company and Octopus Investments Limited, the Company’s investment manager (the ‘Manager’), which constitutes a smaller related party transaction within Listing Rule 11.1.10 R, the Manager will receive:
The Offer is now open and will close on 5 April 2024 for the 2023/2024 tax year and on 15 November 2024 for the 2024/2025 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: 213800Y3XEIQ18DP3O53