Octopus Titan VCT 2 PLC: Offer Closure, Issue o...

Octopus Titan VCT 2 plc ("the Company") announces that further to the issue of a Prospectus on 3  September 2013 relating to an Offer for Subscription ("Offer") for ordinary shares of 10p each to raise up to £10 million, the Board of the Company announces that the Offer is fully subscribed and closed with effect from 5.00pm on 4 April 2014.

The Company announces that on 4 April 2014, 2,686,161 Ordinary Shares of 10p each were issued and allotted at a price of 97p per share pursuant to the Offer for Subscription that opened on 3 September 2013. 

The Company confirms the allotment and issue of 64,801 Ordinary Shares of 10p each at a price of 93.6p to shareholders who elected to receive Ordinary Shares under the Dividend Reinvestment Scheme as an alternative for the final dividend for the year ended 31 October 2013, payable on 4 April 2014.

Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 18 April 2014.

The issued share capital and total voting rights of the Company is now:  31,994,191 Ordinary Shares.

For further information please contact:

Patricia Standaloft
Company Secretary
0207 710 6471

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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: Octopus Titan VCT 2 PLC via Globenewswire

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