Issue of Equity

RNS Number : 6283R

Amati AIM VCT PLC

09 March 2021

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

Amati AIM VCT plc (the "Company")

Legal Entity Identifier: 213800HAEDBBK9RWCD25

Top up Offer for Subscription of New Shares (the "Offer")

Amati AIM VCT plc announces an allotment on 8 March 2021 of 3,331,689 New 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 4 March 2021, was 205.83p per ordinary share (net asset value divided by 0.99 to allow for issue costs of 1.0%).

Following the allotment above, the total number of ordinary shares in issue is 118,571,752 with each ordinary share carrying one voting right. That figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules. 

Applications have been made for the New Shares to be admitted to the Official List (with a Premium Listing) and to the London Stock Exchange for admission to trading on the Main Market. It is expected that admission will occur and dealing will commence in the New Shares to be issued pursuant to the Offer on or around 12 March 2021.  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 the Offer is closed to new subscriptions and this is the only allotment under the Offer.

Terms defined in the information document published by the Company on 19 February 2021 have the same meanings in this announcement unless the context requires otherwise.

For further information please email [e-mail] .

 

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