Elderstreet VCT plc : Issue of Equity (DRIS)

Elderstreet VCT plc
24 September 2014
Issue of Equity (DRIS)

The Company announces that, on 19 September 2014, it allotted 948,110 Ordinary Shares of 5p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company's Special Dividend Reinvestment Scheme in respect of the dividend of 15.0p per Ordinary Share paid on 19 September 2014.

The shares were issued at 72.2p per share (being the unaudited net asset value as at 31 August 2014 adjusted for the dividend, the performance fee due on the dividend and 1% fee to cover costs of the scheme).

These shares will rank pari passu with existing Ordinary Shares.

Application is being made to the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities respectively. It is expected that admission will become effective and dealings in the shares will commence on the London Stock Exchange at 8.00 a.m. on 30 September 2014.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Elderstreet VCT plc via Globenewswire

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