Amati AIM VCT PLC Issue of Equity (0185M)
May 05 2020 - 1:36PM
UK Regulatory
TIDMAMAT
RNS Number : 0185M
Amati AIM VCT PLC
05 May 2020
Amati AIM VCT plc (the "Company")
Legal Entity Identifier: 213800HAEDBBK9RWCD25
Offer for Subscription of New Shares (the "Offer")
Amati AIM VCT plc announces an allotment on 4 May 2020 of
1,006,968 New Shares pursuant to the Offer. In accordance with the
Terms and Conditions of the Offer, the Offer Price at which new
ordinary shares were allotted, which was calculated by reference to
the net asset value of an ordinary share on 30 April 2020, was
142.71p per ordinary share (net asset value divided by 0.99 to
allow for issue costs of 1.0%).
Following the allotment above, the total number of ordinary
shares in issue is 105,341,700* with each ordinary share carrying
one voting right. That figure may be used by shareholders as the
denominator for the calculation to determine if they are required
to notify their interest in, or a change to their interest in, the
Company under the Disclosure and Transparency Rules.
Applications have been made for the New Shares to be admitted to
the Official List (with a Premium Listing) and to the London Stock
Exchange for admission to trading on the Main Market. It is
expected that admission will occur and dealing will commence in the
New Shares to be issued pursuant to the Offer on or around 12 May
2020. CREST accounts are expected to be credited within five
business days of allotment and definitive documents of title are
expected to be dispatched within ten business days of
allotment.
As announced on 29 April 2020 the Company is no longer accepting
applications in relation to the Offer. If the over-allotment
facility is to be utilised the Company will make a further RNS
announcement detailing the application process.
Terms defined in the Prospectus published by the Company on 31
October 2019 have the same meanings in this announcement unless the
context requires otherwise.
*This figure includes 4,784 shares forfeited in accordance with
Article 27 of the Company's Articles. The total number of shares in
issue following the allotment on 3 April 2020 should have been
103,704,243 instead of 103,705,041 as previously stated.
For further information please contact Doreen Nic on 0131 243
7215 or email info@amatiglobal.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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May 05, 2020 13:36 ET (17:36 GMT)
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