Octopus Titan VCT plc : Information Update

Octopus Titan VCT plc ("The Company")

5 September 2017

Fund update

 

In the three month period to 31 July 2017, eight follow-on investments were made totalling £16 million.

 

Between 30 April and 31 July 2017, there has been a reduction in cash and cash equivalents of £18 million, resulting in a cash and cash equivalents balance of £154 million. This cash outflow comprised £16 million in respect of investments into existing portfolio companies, £3 million in respect of fund expenses and £1 million in respect of share buybacks, offset by a £2m increase in the valuation of Titan's cash equivalent investments.

 

For further enquiries, please contact:

 

Jo Oliver

Octopus Investments Limited

0800 316 2295                 

 

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Source: Octopus Titan VCT plc via Globenewswire