Octopus Apollo VCT Issue Of Equity And Total Voting Rights

 
TIDMOAP3

OCTOPUS APOLLO VCT PLC

Issue of Equity and Total Voting Rights

Octopus Apollo VCT plc (the 'Company') announces that 25,606,048 Ordinary Shares of 0.1p each (the 'Shares') were issued and allotted on 19 December 2023 (subject to Admission) pursuant to the Company's offer for subscription (the 'Offer'), to raise GBP35 million, with an over-allotment facility of GBP15 million, in the 2023/2024 and 2024/2025 tax years. The Shares were issued at a price of 54.8p each in accordance with the terms of the prospectus dated 16 November 2023 that was issued by the Company in connection with 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 5 January 2024.

The following directors were included within the allotment and were allotted shares at a price per share of 54.8p:

 
                                                       Percentage of Issued 
                     No. of Shares  Current Holding        Share Capital 
-------------------  -------------  ---------------  ------------------------- 
Murray Steele               39,233          465,577                       0.06 
-------------------  -------------  ---------------  ------------------------- 
Christopher Powles           9,808           44,790                      0.006 
-------------------  -------------  ---------------  ------------------------- 
Claire Finn                 19,616           40,887                      0.005 
-------------------  -------------  ---------------  -------------------------

The issued share capital and total voting rights of the Company are now 775,037,317. 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: 213800Y3XEIQ18DP3O53

(END) Dow Jones Newswires

December 19, 2023 08:20 ET (13:20 GMT)

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