OCTOPUS TITAN VCT PLC
22 December 2014
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc ("the Company") announces that 3,214,629 Ordinary Shares of 10p each ("shares") were issued and allotted today at a price of 103.4p per share, equivalent to the current NAV of 97.7p grossed up by up to 5.5% (as set out in the Prospectus dated 16 September 2014). These shares were issued pursuant to an Offer for Subscription (the "Offer") to raise up to £50 million in the 2014/2015 and 2015/2016 tax years, dated 16 September 2014.
Mr Richard Wazacz, a person discharging managerial responsibilities ("PDMR"), was allotted 5,197 Ordinary Shares today at a price per share of 103.4p representing approximately 0.003% of the Company's issued share capital.
Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 16 January 2015.
The issued share capital and total voting rights of the Company is now: 191,164,011.
For further information please contact:
Patricia Standaloft
Company Secretary
0207 710 6471