Octopus Apollo VCT Octopus Apollo Vct Plc : Issue Of Equity And Total Voting Rights
January 06 2017 - 12:03PM
UK Regulatory
TIDMOAP3
OCTOPUS APOLLO VCT PLC
6 January 2017
Issue of Equity and Total Voting Rights
Octopus Apollo VCT plc (the "Company") announces that an allotment of
7,326,487 Ordinary Shares of 10p each ("shares") were issued and
allotted today at a price of 64.9p per share, equivalent to the current
NAV of 61.3p grossed up by 5.5% (as set out in the Prospectus dated 4
November 2016). These shares were issued pursuant to the Offer for
Subscription to raise up to GBP20 million in the 2016/2017 and 2017/2018
tax years.
Included within yesterday's allotment were the following:
Mr Murray Steele, a director of the Company, was allotted 8,281 Ordinary
Shares at a price per share of 64.9p and his total holdings are now
38,383, representing less than 0.1% of the Company's issued Ordinary
share capital.
Mr Chris Powles, a director of the Company, was allotted 8,281 Ordinary
Shares at a price per share of 64.9p and his total holdings are now
14,149, representing less than 0.1% of the Company's issued Ordinary
share capital.
Application has been made to the London Stock Exchange for admission of
the new shares. Admission is expected to become effective on or around
20 January 2017.
The issued share capital and total voting rights of the Company is now:
224,998,416 Ordinary 10p Shares.
For further information please contact:
Nicola Board
Company Secretary
020 7776 8663
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Octopus Apollo VCT plc via Globenewswire
(END) Dow Jones Newswires
January 06, 2017 12:03 ET (17:03 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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