Issue of Equity

RNS Number : 8944L

Amati VCT 2 plc

10 September 2012

 

Amati VCT 2 plc

Offer for subscription of new ordinary shares of 5p each ("New Ordinary Shares") to raise up to £30million ("the Offer")

Amati VCT 2 plc ("the Company") announces an allotment on 10 September 2012 of 221,459 New Ordinary Shares pursuant to the Offer. The Offer price at which the New Ordinary Shares were allotted was 106.50p per share, which was calculated by reference to the net asset value of an Ordinary Share on 6 September 2012 with an appropriate adjustment for the performance fee payable based on the net asset value at that date, divided by 0.95 (to allow for issue costs of 5.0 per cent).

Following the allotment, the total number of Ordinary Shares in issue is 27,631,328 with voting rights.

Admission date of the New Ordinary Shares is expected to be 14 September 2012.  CREST accounts are expected to be credited within five business days of allotment and definitive documents of title are expected to be dispatched within ten business days of allotment.

The Company also announces that following this allotment the Offer is now closed.

For further information please contact Doreen Nic on 0131 2437215 or email [e-mail].

 

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