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Octopus AIM VCTs Intend Raise Up To GBP30.0 Million In Share Offer

Tue, 24th Jun 2014 09:45

LONDON (Alliance News) - Octopus Aim VCT PLC and Octopus AIM VCT 2 PLC Tuesday said they intend to launch a new combined offer for subscription to raise up to GBP20.0 million, with an over-allotment facility of a further GBP10.0 million in the near future.

In a joint statement, the VCTs said they expect to send an offer document with further details to shareholders and potential new investors in due course.

Octopus Aim VCT shares were Tuesday quoted at 115.25 pence, while Octopus AIM VCT 2 shares were quoted at 84.00 pence, both untraded.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.

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