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OCTOPUS TITAN VCT PLC
21 June 2017
Issue of Equity and Total Voting Rights
Octopus Titan VCT plc (the "Company") announces that 512,301 Ordinary Shares
of 10p each ("shares") were issued and allotted on 21 June 2017 at a price of
100.8p per share, equivalent to the current NAV of 95.2p grossed up by 5.5%
(as set out in the Prospectus dated 23 August 2016).
These shares were issued pursuant to an Offer for Subscription to raise up to
£70 million, with an over allotment facility of £50 million, in the
2016/2017 and 2017/2018 tax years, dated 23 August 2016.
Following this allotment, the issued share capital and total voting rights of
the Company are now 447,482,483 and the unaudited net assets of the Company
are approximately £426 million, based on a NAV per share of 95.2p.
Application has been made to the London Stock Exchange for admission of the
new shares. Admission is expected to become effective on or around 5 July
2017.
For further information please contact:
Nicola Board
Company Secretary
0207 776 8663
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: Octopus Titan VCT plc via Globenewswire