Octopus Titan VCT plc : Issue of Equity and Tot...

OCTOPUS TITAN VCT PLC

30 March 2015

Issue of Equity and Total Voting Rights

Octopus Titan VCT plc ("the Company") announces that 15,633,985 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 to raise up to £50 million in the 2014/2015 and 2015/2016 tax years, dated 16 September 2014.   
Dr Alan Wallace, a person discharging managerial responsibilities, was allotted 51,981 Ordinary Shares at a price per share of up to 103.4p and his total holdings is now 171,004 Ordinary Shares representing approximately 0.08% 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 9 April 2015.

The Company is also pleased to announce an extension of the closure date for the 2014/15 tax year end from 12 noon on 1 April 2015 to 12 noon on 4 April 2015.

The issued share capital and total voting rights of the Company is now:  210,063,815.

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 plc via Globenewswire

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