REG-Octopus Titan VCT plc : Issue of Equity, Closure of Offer and Total Voting Rights <Origin Href="QuoteRef">OTV2.L</Origin>

Octopus Titan VCTAnnouncement

17/08/2017 20:25

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OCTOPUS TITAN VCT PLC

17 August 2017

Issue of Equity, Closure of Offer and Total Voting Rights

Octopus Titan VCT plc (the "Company") announces that 153,796 Ordinary Shares
of 10p each ("shares") were issued and allotted today at a price of 98.7p per
share, equivalent to the current NAV of 93.2p 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 (the "Offer").

Application has been made to the London Stock Exchange for admission of the
new shares. Admission is expected to become effective on or around 21 August
2017.

The Offer is now closed.

Following this allotment, the issued share capital and total voting rights of
the Company are now 447,358,835 and the unaudited net assets of the Company
are approximately £417 million, based on a NAV per share of 93.2p.

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