Issue of Equity
April 06 2010 - 2:00AM
UK Regulatory
TIDMVEN TIDMVEN2
RNS Number : 7021J
Ventus VCT plc
05 April 2010
Ventus VCT plc and Ventus 2 VCT plc Joint Announcement
Joint Offer for Subscription of up to 10,000,000 "C" Shares of 25 pence each at
a Price of 100 pence per Share (the "Offer")
The Boards of Directors of Ventus VCT plc and Ventus 2 VCT plc are pleased to
announce that, in accordance with the terms of the Joint Offer for Subscription
dated 8 February 2010, 554,288 "C" shares were allotted in each of Ventus VCT
plc and Ventus 2 VCT plc on 5 April 2010 at a price of 100 pence per share.
Application has been made for the admission of the 1,108,576 "C" shares to the
Official List of the UK Listing Authority and to trading on the London Stock
Exchange plc's market for listed securities. Dealing in the "C" shares is
expected to commence by 12 April 2010.
As at 5 April 2010, Ventus VCT plc and Ventus 2 VCT plc had received
applications for the allotment of 473,770 "C" shares in the 2010/2011 tax year,
taking the total subscriptions received under the Offer to GBP8,394,000. The
closing date for the 2010/2011 tax year offer is 31 May 2010 subject to the
offer not being fully subscribed earlier.
Following the allotment there are now 10,931,182 "C" shares of 25 pence in issue
in each of Ventus VCT plc and Ventus 2 VCT plc. In addition, there are
16,384,793 Ordinary shares of 25 pence in issue in Ventus VCT plc and 12,287,249
Ordinary shares of 25 pence in issue in Ventus 2 VCT plc.
For further information please contact:
Lenny Norstrand, RAM Capital Partners LLP on 020 3006 7531
Or
Matthew Ridley, Climate Change Capital on 020 7939 5319
This information is provided by RNS
The company news service from the London Stock Exchange
END
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