Octopus AIM VCT plc and Octopus AIM VCT 2 plc ("the "Companies")
6 February 2017
New Share Offers and Issue of New Share Offer Document
The Boards of Octopus AIM VCT plc and Octopus AIM VCT 2 plc (the "Companies") are pleased to announce that the Companies have today launched new share offers (the "Offers") to raise up to £4.3 million each in the 2016/2017 and 2017/2018 tax years. Full details of the Offers are contained in an offer document (the "Offer Document") issued by the Companies, dated 6 February 2017.
The Offers open on 6 February 2017 and will close at 12 noon on 31 July 2017 unless fully subscribed at an earlier date.
Pursuant to the Offers, Octopus Investments Limited, the Companies' investment manager, will receive:
The above arrangements constitute smaller related party transactions within Listing Rule 11.1.10R.
The Offer Document will shortly be available for inspection at the National Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM
and on the Companies' website
http://www.octopusinvestments.com
For further information please contact:
Nicola Board
Company Secretary
020 7776 8663