OCTOPUS TITAN VCT PLC
28 January 2016
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc ("the Company") announces that 4,189,536 Ordinary Shares of 10p each ("shares") were issued and allotted on 28 January 2016 at a price of 108.7p per share, equivalent to the current NAV of 102.7p grossed up by 5.5% (as set out in the Prospectus dated 8 September 2015). These shares were issued pursuant to an Offer for Subscription to raise up to £50 million, with an over allotment facility of £30 million, in the 2015/2016 and 2016/2017 tax years, dated 8 September 2015.
Application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 11 February 2016.
The issued share capital and total voting rights of the Company is now: 255,874,291.
For further information please contact:
Nicola Board
Company Secretary
020 7776 8663