Calculus VCT - Director/ PDMR shareholding

Calculus VCT

31/07/2020 12:46

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 in issue
Voting rights
Votes per share
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 £15,000).

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 the person discharging managerial responsibilities / person closely associated
a)
Name
Janine Nicholls
2
Reason for notification
a)
Position / status
Director
b)
Initial notification
/Amendment
Initial
3
Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)
Name
Calculus VCT plc
b)
LEI
2138005SMDWLMMNPVA90
4
Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)
Description of the financial instrument, type ofinstrument
Identification code
Ordinary shares of I pence each in Calculus VCT
ISIN GB00BYQPF348
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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