OCTOPUS APOLLO VCT PLC
(the "Company")
20 August 2015
C Share Conversion and C Share Dividend
Further to the Company's circular dated 3 July 2015 (the "Circular") and the resolutions that were passed by the Company's shareholders at a general meeting and a C share class meeting held on 28 July 2015, the directors of the Company are pleased to announce that:
- The C Share Conversion Ratio is 1.175060;
- On 21 August 2015 the Conversion C Shares will convert to Ordinary Shares at a rate of 1.175060 Ordinary Shares for each C Share, and that a total of 19,809,055 Ordinary Shares will be issued as a result of the C Share Conversion;
- On 21 August 2015 a payment of 98.0p per C Share will be paid to those Election C Shareholders on the register of members on the Record Date who elected to receive the C Share Dividend.
Expressions defined in the Circular shall have the same meanings in this announcement.
For further information please contact:
Nicola Board
Company Secretary
020 7776 8663