OCTOPUS APOLLO VCT PLC
11 June 2019
Issue of Equity and Total Voting Rights
Octopus Apollo VCT plc (the “Company”) announces the following issues of Ordinary Shares of 10p each in the capital of the Company:
a. 40,146 Shares in relation to an offer for subscription pursuant to a prospectus issued by the Company dated 1 October 2012;
b. 2,826 Shares in relation to a top up offer for subscription pursuant to an offer document issued by the Company dated 2 December 2013;
c. 21,826 Shares in relation to an offer for subscription pursuant to an offer document issued by the Company dated 24 October 2014;
d. 35,734 Shares in relation to an offer for subscription pursuant to an offer document issued by the Company dated 2 November 2015; and
e. 40,905 Shares in relation to an offer for subscription pursuant to an offer document issued by the Company dated 4 November 2016.
The Company announces that the Shares referred to in a. b. c. d. and e. above were issued and allotted on 7 June 2019 at a price of 47.1p per share under the terms of the relevant document. The allotments of the Ordinary Shares of 10p each in the capital of the Company were made after the close of the respective offers for subscription and relate to shares allotted as a result of reduced adviser charges in accordance with the terms and conditions of the respective offers for subscription.
In addition, a further 3,257 Ordinary Shares of 10p each were issued and allotted to employees of Octopus Capital Limited at a price of 47.1p per share, equivalent to the current NAV, in relation to the above offers for subscription as a result of a rebate of part of the annual management charge by Octopus Investments Limited, the Company's investment manager.
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 21 June 2019.
The issued share capital and total voting rights of the Company is now 249,316,582 Ordinary 10p Shares.
For further information please contact:
Parisha Kanani
Company Secretary
020 3935 3520