Calculus VCT PLC Director/ PDMR shareholding (7978U)

TIDMCLC

RNS Number : 7978U

Calculus VCT PLC

31 July 2020

Calculus VCT plc

31 July 2020

Legal Entity Identifier: 2138005SMDWLMMNPVA90

Offer and Issue of Equity

Director/PDMR Shareholding

The Board of Calculus VCT plc is pleased to announce that, in connection with the offer for subscription for Ordinary shares of 1p each that opened on 24 September 2019 ("Offer") and the Company's dividend reinvestment scheme, an allotment of 1,731,817 Ordinary Shares in respect of the 2020/2021 tax year has taken place today at an average issue price of 65.6 pence per share. Application for the Ordinary Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities has been made and it is expected that admission will take place on or around 3 August 2020.

Following this allotment, the issued share capital and total voting rights of the Company comprises:

 
                    Number of shares   Voting rights   Votes per share 
                            in issue 
 Ordinary shares 
  of 1p each              28,914,724      28,914,724                 1 
 Total voting 
  rights                  28,914,724      28,914,724                 1

The above total number of voting rights should be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Included in the above allotment, Janine Nicholls, director of the Company, has subscribed for 22,566 new Ordinary shares pursuant to the Offer at 66.5p per share (a subscription of GBP15,000).

Ms Janine Nicholls' shares were acquired on the same terms as, and on no more favourable a basis than, those shares subscribed for by other investors in the Offer.

Following this transaction Ms Nicholls has 22,566 Ordinary shares, amounting to 0.08 per cent of the issued share capital as enlarged by today's allotment.

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Janine Nicholls 
     --------------------------  ----------------------------------- 
 2    Reason for notification 
     --------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ----------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  ----------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a 
       r k et participan t, au ct ion plat for m, au ction 
       eer or auc tion monitor 
     --------------------------------------------------------------- 
 a)   Name                        Calculus VCT plc 
     --------------------------  ----------------------------------- 
 b)   LEI                         2138005SMDWLMMNPVA90 
     --------------------------  ----------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     --------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of I pence each in 
       financial instrument,       Calculus VCT 
       t ype of instrument         ISIN GB00BYQPF348 
       I d entification 
       code 
     --------------------------  ----------------------------------- 
      Nature of the transaction   Subscription under Offer 
     --------------------------  ----------------------------------- 
 c)   Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     66.5p      22,566 
                                               ----------- 
     --------------------------  ----------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  ----------------------------------- 
 e)   Date of the transaction     31 July 2020 
     --------------------------  ----------------------------------- 
 f)   Place of the transaction    Off market 
     --------------------------  -----------------------------------

Calculus Capital Limited

Company Secretary

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END

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July 31, 2020 07:46 ET (11:46 GMT)

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