Octopus AIM VCT PLC : Issue of Equity and Total...

OCTOPUS AIM VCT PLC

 15 August 2017

Issue of Equity and Total Voting Rights

Octopus AIM VCT plc (the "Company") announces the following allotments of Ordinary Shares of 1p each in the capital of the Company were issued on 11 August 2017:

1. 3,547 Shares in relation to an offer for subscription pursuant to a prospectus issued by the Company dated 1 February 2013;
    
2. 608 Shares in relation to a top up offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 3 February 2014;
    
3. 5,761 Shares in relation to a joint offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 29 August 2014;
    
4. 3,528 Shares in relation to a joint offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 21 December 2015; and
    
5. 60 Shares in relation to a top up offer for subscription pursuant to an offer document issued by the Company and Octopus AIM VCT 2 plc dated 6 February 2017

The Company announces that the Shares referred to in a. b. c. d. and e. above were issued and allotted at a price of 125.9p per share, equivalent to the current NAV of 118.9p grossed up by up to 5.5%, under the terms of the relevant document. The allotments of the Ordinary Shares of 1p each in the capital of the Company were made after the close of the respective offers for subscription and relate to shares allotted as a result of reduced adviser charges in accordance with the terms and conditions of the respective offers for subscription.

In addition, a further 7,301 Ordinary Shares of 1p each were issued and allotted to employees of Octopus Capital Limited at a price of 125.9p per share, equivalent to the current NAV of 118.9p grossed up by up to 5.5%, as a result of a rebate of part of the annual management charge by Octopus Investments Limited, the Company's investment manager.

An application has been made to the London Stock Exchange for admission of the new shares.   Admission is expected to become effective on or around 25 August 2017.

The issued share capital and total voting rights of the Company is now:  97,829,766 Ordinary Shares.

For further information please contact:

Nicola Board
Company Secretary
020 7776 8663

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Octopus AIM VCT PLC via Globenewswire