REG - Guinness VCT PLC - Issue of Equity

Guinness VctAnnouncement

04/07/2023 11:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230704:nRSD9313Ea&default-theme=true

RNS Number : 9313E  Guinness VCT PLC  04 July 2023

Guinness VCT plc (the "Company")

 

Issue of Ordinary Shares of 1p each ("Ordinary Shares") pursuant to an Offer
for Subscription for up to £10 million of Ordinary Shares with an
over-allotment facility for up to a further £20 million of Ordinary Shares
(the "Offer")

 

 

On 30 June 2023, 697,475 Ordinary Shares (the "Shares") were allotted
pursuant to the Offer. In accordance with the terms and conditions of the
Offer, the offer prices at which the Shares were allotted were calculated by
reference to the latest published NAV per Share (assumed to be 100p per Share
or last published NAV per Share, if any such revised NAV is announced during
the Offer).  The offer prices at which the Shares were issued and allotted
ranged from 100.00p to 103.19p per Ordinary Share.

 

The Offer closed for further applications on 30 June 2023 and this is the
final allotment under the Offer.

 

Following the allotment above, the total number of Ordinary Shares in issue
is 4,445,461 (including one Ordinary Share issued as a subscriber
share).  Therefore, the total number of voting rights in the
Company is 4,445,461.  This figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change of interest in, the Company
under the FCA's Disclosure Guidance and Transparency Rules.

 

Application for the Shares to be admitted to the Official List of the
Financial Conduct Authority and to trading on the London Stock Exchange's main
market for listed securities will be made shortly and dealings are expected to
commence on or around 10 July 2023.  CREST accounts are expected to be
credited as soon as practicable following the allotment and definitive
documents of title are expected to be dispatched within ten business days of
allotment.

 

Following this allotment, the total number of Ordinary Shares issued pursuant
to the Offer is 4,445,460 Ordinary Shares.

 

 

 

For further information, please contact:

 

Hugo Vaux

Guinness Asset Management Limited (Manager)

vct@guinnessfunds.com

 

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

enquiries@city.uk.com (mailto:enquiries@city.uk.com)

 

Keith Lassman

Howard Kennedy Corporate Services LLP

Keith.Lassman@howardkennedy.com (mailto:Keith.Lassman@howardkennedy.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEUSURROAUBRAR