Last checked at 8 Apr 2013 13:06
8 April 2013
Ingenious Entertainment VCT 1 plc (the "Company")
Issue of Shares & Total Voting Rights
The Company is pleased to announce that on 5 April 2013, 1,735,921 H ordinary shares of 1p each (“H Shares”) were allotted and issued by the Company (the “Allotment”) at the following issue prices:
● 276,910 H Shares at an issue price of £1.00 per share;
● 100,908 H Shares at an issue price of £0.990099 per share;
● 32,487 H Shares at an issue price of £0.98039 per share;
● 1,189,947 H Shares at an issue price of £0.97 per share;
● 104,124 H Shares at an issue price of £0.96039 per share; and
● 31,545 H Shares at an issue price of £0.95098 per share.
The Allotment was made pursuant to the joint offer for subscription dated 14 December 2012 (the “Offer”) of up to, in aggregate, 15,000,000 H Shares comprising up to 7,500,000 H Shares in the share capital of each of the Company and Ingenious Entertainment VCT 2 plc (“VCT 2”) at a variable issue price per H Share, together with an over-allotment facility of up to, in aggregate, a further 10,000,000 H Shares comprising up to 5,000,000 H Shares in the share capital of each of the Company and VCT 2 at a variable issue price per H Share.
The same number of H Shares as specified above were issued and allotted by VCT 2 on the same date.
Following the Allotment, the issued share capital of the Company will consist of 10,205,011 ordinary shares of 1p each (the “Ordinary Shares”), 2,810,596 C ordinary shares of 1p each (the “C Shares”), 6,785,624 D ordinary shares of 1p each (the “D Shares”), 2,846,122 E ordinary shares of 1p each (the “E Shares”), 1,572,095 F ordinary shares of 1p each (the “F Shares”), 3,518,044 G ordinary shares of 1p each (the “G Shares”) and 1,735,921 H Shares. The Company does not hold any Ordinary Shares, C Shares, D Shares, E Shares, F Shares, G Shares or H Shares in treasury.
Therefore, the total number of voting rights in the Company is 10,205,011 in respect of holdings of Ordinary Shares, 2,810,596 in respect of holdings of C Shares, 6,785,624 in respect of holdings of D Shares, 2,846,122 in respect of holdings of E Shares, 1,572,095 in respect of holdings of F Shares, 3,518,044 in respect of holdings of G Shares and 1,735,921 in respect of the holdings of H Shares.
Therefore, the total number of voting rights in the Company is 29,473,413. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of interest in, the Company under the FSA's Disclosure and Transparency Rules.
The Company was advised on 5 April 2013 that included in the Allotments were 35,967 H Shares which were allotted and issued on 5 April 2013 to Patrick McKenna, who is a non-executive director of both the Company and VCT 2, for an aggregate consideration of £35,967 (being at an issue price of £1 per H Share).
Applications are now being made for the H Shares issued pursuant to the Allotments 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, and dealings are expected to commence on or around 17 April 2013. CREST accounts are expected to be credited within five business days of the Allotment and definitive documents of title are expected to be dispatched within 10 business days of the Allotment.
Enquiries to:
Sarah Cruickshank
Company Secretary
Ingenious Entertainment VCT 1 plc
15 Golden Square
London
W1F 9JG
020 7319 4000
Victoria Palmer-Moore
Powerscourt Group
020 7324 0493
Copyright Business Wire 2013