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Pin to quick picksOctopus Ap Regulatory News (OAP3)

Share Price Information for Octopus Ap (OAP3)

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Share Price: 47.10
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Change: -1.50 (-3.09%)
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Octopus Apollo VCT is an Investment Trust

To invests in a diversified portfolio of UK smaller companies to generate income and capital growth over the long-term.

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Issue of Equity and Total Voting Rights

11 Oct 2019 12:00



Issue of Equity and Total Voting Rights

OCTOPUS APOLLO VCT PLC

11 October 2019

Issue of Equity and Total Voting Rights

Octopus Apollo VCT plc (the “Company”) announces that 16,451,970 Ordinary Shares of 10p each were issued and allotted on 11 October 2019 at a price of 48.9p per share equivalent to the current NAV of 46.2p grossed up by up to 5.5% (as set out in the Prospectus dated 10 May 2019). These shares were issued pursuant to the Offer for Subscription to raise up to £20 million, with an overallotment facility of £10 million, in the 2019/2020 and 2020/2021 tax years.

Mr Alexander Hambro, Director of the Company, was allotted 43,148 Ordinary Shares at a price per share of 48.9p and his total holdings are 54,098 now, representing approximately 0.02% of the Company’s issued Ordinary share capital.

An application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 22 October 2019.

The issued share capital and total voting rights of the Company is now 281,409,302 Ordinary 10p Shares.

For further information please contact:Parisha KananiCompany Secretary 0203 935 3520


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