Triple Point Ve Regulatory News (TPV)

4 September 2024

Triple Point Venture VCT plc

(the "Company")

PUBLICATION OF PROSPECTUS AND CIRCULAR

The Board of Triple Point Venture VCT plc is pleased to announce that the Company has issued a prospectus (the "Prospectus") relating to an offer for venture ordinary shares to raise £10 million (the "Offer")*, together with a circular (the "Circular") relating to the approval of an offer agreement in connection with the Offer, following approval of the Prospectus and Circular from the Financial Conduct Authority.

*If the Offer is oversubscribed it may be increased to £30 million at the discretion of the directors of the Company.

Pursuant to the Offer, the Company's fund manager, Triple Point Investment Management LLP ("TPIM"), will enter into an agreement with the Company (the "Offer Agreement"), which will constitute a related party transaction as defined by the UK Listing Rules as it is an agreement between the Company and its fund manager, falling within UK Listing Rule 8.2.1R.

Pursuant to the Offer Agreement, TPIM will be paid (the "Promoter Fee") up to an amount equal to 5.5% of the aggregate value of accepted applications for Venture Shares under the Offer, out of which TPIM will discharge all external costs, including initial commissions, and its own costs, in respect of the Offer, but excluding any initial and ongoing charges agreed between an authorised financial adviser and an investor. The Promoter Fee is required to be aggregated under the UK Listing Rules with the same fee that was payable by the Company to TPIM for promoting the offer for subscription that was launched by the Company on 22 September 2023.

The Offer is now open and is expected to close on 31 July 2025 unless fully subscribed at an earlier date. A copy of the Prospectus and Circular will shortly be submitted to the National Storage Mechanism located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism and may be viewed on the Triple Point website at: www.triplepoint.co.uk.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-venture-vct-plc/s2539/

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010 and was established to fund small and medium sized enterprises. The Investment Manager is Triple Point Investment Management LLP.