Issue of Equity and Total Voting Rights

Octopus Titan VCT

27/11/2023 07:00

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OCTOPUS TITAN VCT PLC

Issue of Equity and Total Voting Rights

Octopus Titan VCT plc (the ‘Company’) announces that 55,469,950 Ordinary
Shares of 0.1p each (the ‘Shares’) were issued and allotted on 24 November
2023 (subject to Admission) pursuant to the Company’s offer for subscription
(the ‘Offer’), to raise £125 million, with an over allotment facility of
£75 million, in the 2023/2024 and 2024/2025 tax years. The Shares were issued
at a price of 72.2p each in accordance with the terms of the prospectus dated
19 October 2023 that was issued by the Company in connection with the Offer.

Application for the Shares to be admitted to the Official List of the
Financial Conduct Authority (‘FCA’) and to trading on the London Stock
Exchange’s main market for listed securities will be made and dealings are
expected to commence on or around 8 December 2023.

The following directors were included within the allotment and were allotted
shares at a price per share of 72.2p:

                     No. of Shares  Current Holding  Percentage of Issued Share Capital  
 Tom Leader          11,166         45,294           0.002                               
 Jane O’Riordan      14,888         149,121          0.009                               
 Lord Rockley        29,777         74,422           0.004                               
 Gaenor Bagley       7,444          22,837           0.001                               
 Julie Nahid Rahman  4,466          4,466            <0.001                              

The Company announces that the following member of Octopus Ventures, the team
within Octopus Investments Limited that manages the Company's investments,
were included within the allotment and were allotted shares at a price per
share of 72.2p:

                   No. of Shares  
 Malcolm Ferguson  44,667         

The issued share capital and total voting rights of the Company are now
1,581,812,458‬. 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 in their interest in, the
share capital of the Company under the FCA's Disclosure and Transparency
Rules.

For further information please contact:

Rachel Peat 
 Octopus Company Secretarial Services Limited 
 Tel: +44 (0)80 0316 2067

LEI: 213800A67IKGG6PVYW75