Octopus AIM VCT plc Share Capital Announcement
Recent Developments
Octopus AIM VCT plc (the "Company") has provided an update on its share capital and total voting rights as of 15th August 2024.
Here's a breakdown of the key changes:
- 4,742,400 new shares were allotted and issued on 15th August 2024.
- 122,182 new B ordinary shares of 1p were allotted and issued.
- 42,534,639 Ordinary Shares of 01p each were issued and allotted on 4th August.
As a result of these transactions, the Company's issued share capital and total voting rights now stand at 882,596,265, reflecting the increase in the number of issued shares.
Implications
These share issuances may have implications for the Company's financial position and shareholder rights:
- The increase in issued shares may dilute the ownership interests of existing shareholders.
- The additional shares may provide the Company with additional capital for investment or other business purposes.
Shareholders are advised to review the Company's announcements for further details on these developments.
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