REG - Molten Ventures VCT - Issue of Equity

Molten Ventures VCTAnnouncement

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RNS Number : 3178Z  Molten Ventures VCT PLC  02 April 2026

Molten Ventures VCT plc

LEI: 2138003I9Q1QPDSQ9Z97

2 April 2026

Issue of Equity under Prospectus

On 7 October 2025 the Board of Board of Molten Ventures VCT plc (the
"Company") announced the issue of a prospectus (the "Prospectus"), containing
an offer for subscription of up to £10 million with an overallotment facility
for a further £20 million through the issue of new shares. The Company
announced on 24 February 2026 that £10 million of the overallotment facility
had been included in the amount of funds to being raised.

 

The Company is pleased to announce that on 2 April 2026, in accordance with
the terms of the Prospectus, 38,610,281 Ordinary Shares of 5p each were
allotted offer prices ranging from 40.20p to 43.46p (due to the operation of
the pricing formula) based on an unaudited net asset value of 40.2p per share
which has been adjusted downwards for the 1p dividend which has previously
been declared and went ex-dividend  on 26 March 2026. The allotment of shares
will rank pari passu with existing Ordinary Shares.

The Offer will remain open until 4.00 p.m. on 30 June 2026 for the 2026/2027
tax year, or earlier if the Offer is fully subscribed. The Board of the
Company reserves the right to close the Offer earlier or to extend the Offer
(to no later than 6 October 2026).

The issued share capital and total voting rights of the Company is now
315,433,636 Ordinary Shares.

The above 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 to their interest in, Molten Ventures VCT plc under
the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency
Rules.

Application for the Shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made at the earliest practicable opportunity.
Dealings are expected to commence on or around 10 April 2026.

 

 

Enquiries:

For further information please contact the Manager on 020 7931 8800 or via
email to vct@molten.vc (mailto:vct@molten.vc) .

 

Sales enquiries should be directed to RAM Capital on 020 3006 7530 or via
email to taxsolutions@ramcapital.co.uk (mailto:taxsolutions@ramcapital.co.uk)

 

Administrative queries should be directed to the company secretary ISCA
Administration Services Limited on 01392 487056.

 

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