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

Octopus Titan VCT plc : Issue of Equity and Total Voting Rights

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




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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