Octopus Apollo VCT plc : C Share Conversion and...

OCTOPUS APOLLO VCT PLC

(the "Company")

20 August 2015

C Share Conversion and C Share Dividend

Further to the Company's circular dated 3 July 2015 (the "Circular") and the resolutions that were passed by the Company's shareholders at a general meeting and a C share class meeting held on 28 July 2015, the directors of the Company are pleased to announce that:

1. The C Share Conversion Ratio is 1.175060;

2. On 21 August 2015 the Conversion C Shares will convert to Ordinary Shares at a rate of 1.175060 Ordinary Shares for each C Share, and that a total of 19,809,055 Ordinary Shares will be issued as a result of the C Share Conversion;

3. On 21 August 2015 a payment of 98.0p per C Share will be paid to those Election C Shareholders on the register of members on the Record Date who elected to receive the C Share Dividend.

Expressions defined in the Circular shall have the same meanings in this announcement.

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 Apollo VCT plc via Globenewswire

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