Issue of Equity

RNS Number : 6303R

Amati VCT 2 plc

12 December 2016

 

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 12 December 2016 of 477,833 New Ordinary Shares pursuant to the Offer.  In accordance with the Terms and Conditions of the Offer, the Offer price at which New Ordinary Shares were allotted, which was calculated by reference to the net asset value of an ordinary Share on 8 December 2016, was a price of 116.27p per ordinary share (net asset value divided by 0.99 to allow for issue costs of 1.0 per cent).

Following the allotment, the total number of Ordinary Shares in issue is 32,375,876 with voting rights.

Admission date of the New Ordinary Shares is expected to be 16 December 2016.  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.

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

 

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