Octopus Second AIM VCT plc
19 December 2012
Enhanced Buyback Facility - Extension of Closing Date
Octopus Second AIM VCT plc announces that, in accordance with the terms of the Enhanced Buyback Facility, as contained within the circular issued by the Company on 23 October 2012 ("Circular"), the closing date for applications to participate in the Enhanced Buyback Facility has been extended from noon on 28 December 2012 to noon on 31 January 2013 in order to allow shareholders more time to take appropriate advice and respond. Allotments are now expected to take place in mid February 2013. Octopus will be informing shareholders separately.
Applications amounting to 4,326,540 shares, of the 21,909,021 shares available, have so far been received in respect of the Enhanced Buyback Facility.
Shareholders receiving advice from financial intermediaries subsequent to the Retail Distribution Review, taking effect from 31 December 2012, should be aware that in accordance with this legislation the Company will not be able to pay commission to any financial intermediaries who have provided such advice to their client after 30 December 2012.
For further information on completing and returning an application form after 30 December 2012, shareholders are recommended to contact Octopus on 0800 294 6828.
For further information please contact:
Patricia Standaloft
Company Secretary
0207 710 6471