REG - Guinness VCT PLC - Issue of Equity

Guinness VctAnnouncement

05/04/2024 18:30

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RNS Number : 5802J  Guinness VCT PLC  05 April 2024

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 £5 million of Ordinary Shares
(the "Offer")

 

 

On 5 April 2024, 233,726 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.  The offer prices at which
the Shares were issued and allotted ranged from 97.09p to 102.76p per
Ordinary Share.

 

Following the allotment above, the total number of Ordinary Shares in issue
is 7,102,499 (including one Ordinary Share issued as a subscriber
share).  Therefore, the total number of voting rights in the
Company is 7,102,499.  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 9 April 2024.  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 2,657,038 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

 

Alex Collins

Panmure Gordon (UK) Limited (Corporate Broker)

alex.collins@panmure.com (mailto:alex.collins@panmure.com)

 

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