Exciting Over-Allotment Facility for Octopus VCT Offers
Overview of the Over-Allotment Facility
The Directors of Octopus AIM VCT 2 plc and Octopus AIM VCT plc are thrilled to announce a significant enhancement to their subscription offers known as the over-allotment facility. This new option allows the Companies to raise up to £10 million, further increasing the total potential amount raised under the offers to an impressive £30 million.
Details of the Subscription Offers
The Companies’ current offers for subscription were officially opened recently and are designed to attract investors looking for opportunities within the growing market. The overall allotment facility is an addition intended to boost investor confidence and interest, thereby ensuring that the Companies can secure the funds needed for future projects and investments.
Prospectus and Availability
Investors and interested parties can find detailed information in the prospectus dated September 23, 2024. This document has been submitted to the National Storage Mechanism, making it accessible for public viewing online. You can view this key document at the National Storage Mechanism’s platform.
Company Websites for More Information
In addition to the national storage service, detailed offerings and updates can be found on the Companies' official website. This dedicated online resource provides a wealth of information for current and potential investors, helping them stay informed on the latest developments and offerings from Octopus Investments.
Contact Information for Inquiries
For any inquiries regarding the offers and the newly introduced over-allotment facility, Rachel Peat from Octopus Company Secretarial Services Limited is available to assist. Rachel can be contacted directly, ensuring that stakeholders receive the answers they need quickly and efficiently.
Understanding the Impact
The introduction of the over-allotment facility signals a strong commitment from the Companies to not only enhance their financial capabilities but also to engage more deeply with their investor community. It reflects a strategic approach in navigating market conditions while fulfilling investor expectations.
Frequently Asked Questions
What is the over-allotment facility for Octopus VCT companies?
The over-allotment facility allows Octopus AIM VCT 2 plc and Octopus AIM VCT plc to raise an additional £10 million, increasing their total fundraising to £30 million.
When did the subscription offers open?
The subscription offers for both Companies opened on September 23, 2024.
Where can I access the prospectus for these offers?
The prospectus is available for viewing at the National Storage Mechanism and on the Companies' official website.
Who can I contact for more information?
Rachel Peat at Octopus Company Secretarial Services Limited is available for inquiries related to the offers.
What is the significance of the over-allotment facility?
This facility demonstrates the Companies' growth strategy and commitment to providing attractive options for their investors while increasing financial capabilities.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.