Octopus Apollo VCT plc : Enhanced Buyback Facil...

Octopus Apollo VCT plc

19 December 2012

Enhanced Buyback Facility - Extension of Closing Date

Octopus Apollo VCT plc announces that, in accordance with the terms of the Enhanced Buyback Facility, as contained within the prospectus issued by the Company on 17 August 2012 ("Prospectus"), 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 give shareholders more time to respond, having already previously been extended from 30 November 2012 to 28 December 2012.

Due to the Retail Distribution Review taking effect from 31 December 2012, the Company will not be able to pay commission to any financial intermediaries who have provided advice to their client after 30 December 2012.  However, applications received from financial intermediaries after 30 December 2012 for clients who received advice in respect of this offer prior to this date will still be eligible for commissions.

Commissions can continue to be paid to 'execution-only' financial intermediaries on the terms set out in the Prospectus. For further information on completing and returning an application form after 30 December 2012, shareholders and financial intermediaries are recommended to contact Octopus on 0800 294 6828.

For further information please contact:

Tracey Spevack
Company Secretary
0207 776 3195

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Source: Octopus Apollo VCT plc via Thomson Reuters ONE

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