Octopus Titan VCT plc : Issue of Equity, Closur...

OCTOPUS TITAN VCT PLC

30 June 2015

Issue of Equity, Closure of Offer and Total Voting Rights

Octopus Titan VCT plc ("the Company") announces that a final allotment of ordinary shares of 10p each ("Shares") were issued and allotted today at a price of 103.4p, 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, with an over allotment facility of £20 million, in the 2014/2015 and 2015/2016 tax years.  

Mr Matt Cooper, a director of the Company, was allotted 51,981 Ordinary Shares at a price per share of up to 103.4p and his total holding is now 395,612, representing approximately 0.18% of the Company's issued Ordinary 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 14 July 2015.

The Offer is now closed.

The issued share capital and total voting rights of the Company is now:  225,061,701 Ordinary Shares.

For further information please contact:

Nicola Board
Company Secretary
020 7776 8663

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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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