Issue of Equity

RNS Number : 9182S

Amati VCT 2 plc

13 July 2015

 

Amati VCT 2 plc (the "Company)

Top up Offer for subscription of New Ordinary Shares of 5p each

 (the "Offer")

Amati VCT 2 plc announces an allotment on 13 July 2015 of 232,679 New Ordinary Shares pursuant to the Offer.  In accordance with the Terms and Conditions of the Offer, the Offer prices at which New Ordinary Shares were allotted, which were calculated by reference to the net asset value of an ordinary Share on 9 July 2015, were:

·     223,481 New Ordinary Shares were allotted at a price of 107.61p per ordinary share (net asset value dividend by 0.99 to allow for issue costs of 1.0 per cent); and

·     9,198 New Ordinary Shares were allotted at a price of 108.71p per ordinary share (net asset value divided by 0.98 to allow for issue costs of 2.0 per cent).

Following the allotment, the total number of Ordinary Shares in issue is 30,164,162 with voting rights.

Admission date of the New Ordinary Shares is expected to be 17 July 2015.  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 confirms that following the allotment of 232,679 New Ordinary Shares on 13 July 2015 the Offer is now closed.

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

 

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