Octopus Future Generations VCT plc Issue Of Equity And Total Voting Rights

 
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OCTOPUS FUTURE GENERATIONS VCT PLC

Issue of Equity and Total Voting Rights

Octopus Future Generations VCT plc (the 'Company') announces that 2,027,485 Ordinary Shares of 0.1p each (the 'Shares') were issued and allotted on 7 November 2023 (subject to Admission) pursuant to the Company's offer for subscription (the 'Offer') to raise up to GBP30 million, with an over-allotment facility of up to GBP10 million, in the 2022/23 and 2023/24 tax years. The Shares were issued at a price of 97.3p in accordance with the terms set out in the Prospectus dated 19 January 2023 that was issued by the Company in connection with the Offer (the price being calculated as the NAV per share of the Company (as at 30 June 2023 and announced on 18 October 2023) of 94.3p divided by 0.97). This is the final allotment under 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 21 November 2023.

The issued share capital and total voting rights of the Company are now 50,165,822. 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 Guidance and Transparency Rules.

For further information please contact:

Rachel Peat

Octopus Company Secretarial Services Limited

Tel: +44 (0)80 0316 2067

LEI: 213800AL71Z7N2O58N66

(END) Dow Jones Newswires

November 08, 2023 10:25 ET (15:25 GMT)

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