NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
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Guernsey, 23 June 2015
Further to the announcement by Volta Finance Limited (the "Company" or "Volta") on 22 June 2015, the Company confirms the conversion of 40,478 Class C shares held by Volta's investment manager, AXA IM Paris, into ordinary shares. Such Class C shares, which are non-voting shares, are convertible into ordinary shares, which are voting shares, by AXA IM Paris on sale to a third party.
As at the date of this announcement, the issued voting share capital of the Company is comprised of 35,960,864 ordinary shares of no par value and 1 Class B share of no par value. There are no ordinary shares held in treasury. The ordinary shares and the Class B share each bear 1 vote per share.
Application has been made to the UK Listing Authority for admission to the Official List and to the London Stock Exchange for admission to trading of 40,478 new ordinary shares. After the conversion of 40,478 Class C shares into the ordinary shares (with admission expected to occur on 24 June 2015), the total number of voting rights in the Company will be 36,001,343 and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules of the AFM.
For further information, please contact:
Liberum Capital Limited
+44 20 3100 2222
Richard Bootle
Jonathan Wilkes-Green
Sanne Group (Company Secretary and Portfolio Administrator)
+44 1481 710557
AXA Investment Managers Paris (Investment Manager)
+33 1 44 45 84 47
Serge Demay
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ABOUT VOLTA FINANCE LIMITED
Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange's Main Market for listed securities. Volta's home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.
Volta's investment objectives are to preserve capital and to provide a stable stream of income to its shareholders through dividends. For this purpose, it pursues a multi-asset investment strategy targeting various underlying assets. The assets that the Company may invest in either directly or indirectly include, but are not limited to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; automobile loans. Volta
Finance Limited's basic approach to its underlying assets is through vehicles and arrangements that provide leveraged exposure to some of those underlying assets. Volta Finance Limited has appointed AXA Investment Managers Paris, an investment management company with a division specialised in structured credit, for the investment management of all its assets.
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This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This document is not an offer for sale of the securities referred to herein in the United States or to persons who are "U.S. persons" for purposes of Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or otherwise in circumstances where such offer would be restricted by applicable law. Such securities may not be sold in the United States absent registration or an exemption from registration from the Securities Act. The company does not intend to register any portion of the offer of such securities in the United States or to conduct a public offering of such securities in the United States.
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This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Past performance cannot be relied on as a guide to future performance.
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