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Issue of Equity and Total Voting Rights

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Octopus Apollo VCT plc
·1-min read
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OCTOPUS APOLLO VCT PLC

Issue of Equity and Total Voting Rights

Octopus Apollo VCT plc (the “Company”) announces that 1,991,519 Ordinary Shares of 10p each were issued and allotted on 12 April 2021 at a price of 53.1p per share equivalent to the current NAV of 50.1p grossed up by up to 5.5% (as set out in the Prospectus dated 25 September 2020, as supplemented by a supplementary prospectus dated 19 March 2021). These shares were issued pursuant to the Offer for Subscription to raise up to £75 million, in the 2020/2021 and 2021/2022 tax years.

An application has been made to the London Stock Exchange for admission of the new shares. Admission is expected to become effective on or around 26 April 2021.

The issued share capital and total voting rights of the Company is now 428,708,953. 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:
Katherine Fyfe
Octopus Company Secretarial Services Limited
(0)20 45118657