Octopus Titan VCT plc : Offer for Subscription ...

OCTOPUS TITAN VCT PLC

18 May 2015

Offer for Subscription - Over allotment facility and Closure of Offer

The Directors of Octopus Titan VCT plc (the "Company") are pleased to announce that the Company has raised approximately £49.4 million under the offer for subscription that opened on 16 September 2014 (the "Offer") and, as a result of the continuing level of demand, the Directors have confirmed that the over allotment facility of up to £20 million may be used in relation to the Offer. This increases the maximum amount that can be raised under the Offer to £70 million.

The Board further announces that the Offer will close at 5.00 p.m. on 30 June 2015 unless it is fully subscribed prior to that date. Applications for subscription received after the closure of the Offer will be returned to investors.

A copy of the prospectus relating to the Offer was submitted to the National Storage Mechanism and is available to the public for viewing online at the following web-site address:

http://www.hemscott.com/nsm.do.

It can also be viewed on the Company's website:

http://www.octopusinvestments.com/investors/shareholder-information/titan-vct/

For further information please contact:

Nicola Board
Company Secretary
0207 776 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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