Octopus Apollo VCT Acquisition Of Stake In Zynstra Limited
24 Dicembre 2019 - 1:45PM
UK Regulatory
TIDMOAP3
Octopus Apollo VCT Plc
(the "Company")
24 December 2019
Acquisition of stake in Zynstra Limited
The Board of Octopus Apollo VCT plc is pleased to announce that terms
have been agreed for the acquisition of its stake in Zynstra Ltd, a
business which delivers cloud managed IT infrastructure for Small-Medium
Enterprises on a subscription based model, available with the
installation of minimal hardware.
The Company was one of the first institutional investors in Zynstra Ltd
in 2013, and participated in three further investment rounds.
The acquisition of this stake in Zynstra Ltd demonstrates the important
role that VCTs play in helping to build great businesses that leverage
technology to make a difference to end consumers in the products and
services they provide.
For further information please contact:
Richard Court
Octopus Investments Limited
0800 316 2295
(END) Dow Jones Newswires
December 24, 2019 07:45 ET (12:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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