Octopus Titan VCT plc (“the “Company”)
10 November 2022
Publication of Prospectus
The Company has issued a prospectus dated 10 November 2022 relating to a proposed offer for subscription for ordinary shares of 0.1p each in the Company (“New Shares”) to raise up to £175 million with an over-allotment of up to a further £75 million (the “Offer”), following approval from the Financial Conduct Authority.
Pursuant to an agreement dated 10 November 2022 relating to the Offer between the Company and Octopus Investments Limited (the “Portfolio Manager”), the Company’s portfolio manager, which constitutes a smaller related party transaction within Listing Rule 11.1.10 R, the Portfolio Manager will receive:
The Offer is now open and will close at 5.00 pm on 31 March 2023 for the 2022/2023 tax year and on 9 November 2022 for the 2023/2024 tax year, or earlier if the Offer is fully subscribed. The board of the Company reserves the right to close the Offer earlier.
The prospectus will shortly be available for inspection at the National Storage Mechanism, which is located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
and on the Company’s website
http://www.octopusinvestments.com/titan/
For further information please contact:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
LEI: 213800A67IKGG6PVYW75