OCTOPUS TITAN VCT 5 PLC
1 March 2011
Issue of Equity
The Directors of Octopus Titan VCT 5 plc are pleased to announce that the
minimum subscription, as set out in the Prospectus dated 30 November 2010, has
been received. An initial allotment has taken place today of 1,718,973 Ordinary
shares of 10p each ("Ordinary Shares") at a price of 100 pence per share
pursuant to the Offer that opened on 30 November 2010.
Application for the Ordinary Shares (along with a further 2 Ordinary Shares of
10p each issued as subscriber shares) to be admitted to the Official List of the
UK Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made shortly and dealings are expected to commence on
2 March 2011. CREST accounts are expected to be credited as soon as practicable
and definitive documents of title are expected to be despatched within 15 days
of allotment.
Following this allotment the issued share capital of the Company is 1,718,975
Ordinary Shares.
The Offer is expected to remain open until 12.00 p.m. on 28 April 2011 unless
previously extended or fully subscribed earlier. For applications to be applied
for the 2010/2011 tax year these should be lodged no later than 5pm on 4th April
2011.
For further information please contact:
Celia Whitten
Company Secretary
020 7710 2849
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Octopus Titan VCT 5 PLC via Thomson Reuters ONE
[HUG#1493544]
