REG-Octopus Titan VCT plc : Issue of Supplementary Prospectus <Origin Href="QuoteRef">OTV2.L</Origin>

Octopus Titan VCTAnnouncement

20/12/2017 16:30

For best results when printing this announcement, please click on link below:
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20171220:nGNE3FMMy1


Octopus Titan VCT plc

20 December 2017

Issue of Supplementary Prospectus
The Board of Octopus Titan VCT plc (the "Company") announces that a
Supplementary Prospectus (the "Supplementary Prospectus") relating to the
Offer for Subscription to raise up to £120 million, with an over allotment
facility of £80 million (the "Offer"), in the 2017/2018 and 2018/2019 tax
years has been published today. 
The Supplementary Prospectus refers to proposed changes to the law relating to
Venture Capital Trusts set out in the Chancellor of the Exchequer's budget
statement on 22 November 2017, the publication of the draft Finance Bill on 1
December 2017 and of guidance notes issued by HMRC and HM Treasury on 4
December 2017 which have required an amendment to the risk factors relating to
the Offer, details of which are set out in the Supplementary Prospectus.
A copy of the Supplementary Prospectus has been submitted to the Financial
Conduct Authority and will shortly be available for inspection at the National
Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM      
Copies of the Supplementary Prospectus will also be available from the
Company's website:
https://octopusinvestments.com/investor/our-products/venture-capital-trusts/octopus-titan-vct/

For further enquiries, please contact:
Nicola Board      
Company Secretary
020 7776 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