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Octopus VCT 2 PLC (OVC2)

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Wednesday 16 March, 2011

Octopus VCT 2 PLC

Issue of Equity


16 March 2011

Issue of Equity

The Directors of Octopus VCT 2 plc are pleased to announce that the minimum
subscription, as set out in the Prospectus dated 28 January 2011, has been
received.  An initial allotment has taken place today of 4,456,933 Ordinary
shares of 1p each ("Ordinary Shares") at a price of 100 pence per share pursuant
to the Offer that opened on 28 January 2011.

Application for the Ordinary Shares (along with a further 2 Ordinary Shares of
10p each issued as subscriber shares) to be admitted to the Official List of the
UK Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made shortly and dealings are expected to commence on
17 March 2011.    CREST accounts are expected to be credited as soon as
practicable and definitive documents of title are expected to be despatched
within 15 days of allotment.

Following this allotment the issued share capital of the Company is 4,456,935
Ordinary Shares.

The Offer is expected to remain open until 12.00 p.m. on 28 April 2011 unless
previously extended or fully subscribed earlier. For applications to be applied
for the 2010/2011 tax year these should be lodged no later than 2.00pm on 5
April 2011.

For further information please contact:

Celia Whitten
Company Secretary
020 7710 2849

This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: Octopus VCT 2 PLC via Thomson Reuters ONE



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