Issue of Equity and Total Voting Rights

Octopus Future Generations VCT

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OCTOPUS FUTURE GENERATIONS VCT PLC

Issue of Equity and Total Voting Rights

Octopus Future Generations VCT plc (the ‘Company’) announces that 780,434 Ordinary Shares of 0.1p each (the ‘Shares’) were issued and allotted on 10 October 2024 (subject to Admission) pursuant to the Company's offer for subscription (the ‘Offer’) to raise up to £15 million, with an over-allotment facility of up to £5 million, in the 2023/24 and 2024/25 tax years. The Shares were issued at a price of 89.5p in accordance with the terms set out in the Prospectus dated 31 January 2024 that was issued by the Company in connection with the Offer (the price being calculated as the NAV per share of the Company (as at 30 June 2024 and announced on 12 September 2024) of 86.8p divided by 0.97). This is the final allotment under 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 24 October 2024.

The issued share capital and total voting rights of the Company are now 53,941,104. 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: 213800AL71Z7N2O58N66