REG-OBERON AIM VCT PLC Issue of Equity

Oberon AIM VCTAnnouncement

25/04/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250425:nBw35tS4ha&default-theme=true


Issue of Equity

 

This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of English
law by virtue of the European (Withdrawal) Act 2018, as amended. On
publication of this announcement via a regulatory information service, this
information is considered to be in the public domain.

25 April 2025

OBERON AIM VCT PLC

(the “Company”)

Issue of Equity and Total Voting Rights

The Company announced on 12 February 2025 that it had published a prospectus
(the "Prospectus") in relation to an offer for subscription of ordinary shares
of 10p each (the "Ordinary Shares"), to raise up to £5m, with the discretion
to utilise an over-allotment facility to raise up to a further £3.4m (the
"Offer"). On 24 April 2025 the Company allotted a further 367,924 new Ordinary
Shares pursuant to the Offer conditional only on Admission (the timetable for
which is set out in more detail below). The total amount of shares, including
this issue, which have now been issued pursuant to the Offer is now 820,923
shares.

The offer price at which the 367,924 new Ordinary Shares were allotted was
27.2 pence per Ordinary Share, which was calculated, in accordance with the
terms of the Offer, by reference to the net asset value of an Ordinary Share
on 31 March 2025 of 26.5 pence per share (as announced on 17 April 2025),
being the last published net asset value per Ordinary Share, divided by 0.975
(to allow for the costs of the Offer).

Application will shortly be made for the 367,924 new Ordinary Shares to be
admitted to the Official List of the Financial Conduct Authority and to
trading on the London Stock Exchange plc’s main market for listed securities
("Admission"). It is expected that Admission will occur and dealing will
commence in the new Ordinary Shares on or around 30 April 2025. When issued,
the new Ordinary Shares will rank pari passu with the existing Ordinary
Shares.

As a result of the issue, the total number of Ordinary Shares in issue will be
6,395,326 with each Ordinary Share carrying one vote each. Therefore, the
total voting rights in the Company will be 6,395,326. This figure may be used
by shareholders in the Company 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, the share capital of the Company under the
Disclosure Guidance and Transparency Rules.

Unless the context requires otherwise, terms defined in the Prospectus have
the same meaning where used in this announcement.

END

For further information, please contact:
 Company Secretary                     
 
                  
                  
 John Beaumont      +44 203 179 5300   
 
                  
                  
                                       


LEI: 213800ZDLLGLVL2YTB47



View source version on businesswire.com:
https://www.businesswire.com/news/home/20250424353413/en/
(https://www.businesswire.com/news/home/20250424353413/en/)

OBERON AIM VCT PLC


Copyright Business Wire 2025