Issue of Equity

RNS Number : 3237I

Amati AIM VCT PLC

13 April 2022

 

Amati AIM VCT plc

13 April 2022

Amati AIM VCT plc (the "Company")

Legal Entity Identifier: 213800HAEDBBK9RWCD25

Issue of Equity

The Board of Amati AIM VCT plc (the "Company") is pleased to announce that on 13 April 2022 it allotted 2,761,486 new Ordinary Shares of 5p each in the capital of the Company ("Ordinary Shares") pursuant to the re-opening of the Offer for Subscription on 16 February 2022 (the "Offer"). In accordance with the terms and conditions of the Offer, the price at which new Ordinary Shares were allotted, which was calculated by reference to the net asset value of an ordinary share on 11 April 2022, was 165.76p per Ordinary Share (net asset value divided by 0.99 to allow for issue costs of 1.0%).

As announced on 21 February 2022, the Offer is fully subscribed and closed for further applications. This is the final allotment under the Offer.

Applications have been made for the new Ordinary Shares to be admitted to the Official List of the FCA (with a Premium Listing) and to the London Stock Exchange for admission to trading on the main market for listed securities. It is expected that admission will occur and dealing will commence in the new Ordinary Shares on or around 20 April 2022.

As a result of the issue, the total number of Ordinary Shares in issue will be 151,612,509   and the total number of voting rights in the Company will be 151,612,509. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules.

For further information, please contact the investor line at Amati Global Investors on 0131 503 9115 or by email at  [e-mail] .

 

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