Understanding Total Voting Rights and Share Capital
The recent announcement by Octopus Apollo VCT plc sheds light on important figures concerning its issued share capital. As of the end of December 2024, the Company has an issued share capital comprising 956,172,843 Ordinary shares valued at 0.1p each. This figure represents the complete number of voting rights shareholders hold within the Company.
The Importance of Total Voting Rights
Total voting rights are crucial for shareholders. In this case, Octopus Apollo VCT plc holds no shares in treasury, implying that the total number of voting rights equals the total issued shares. Therefore, shareholders can expect to have 956,172,843 voting rights that they can utilize at shareholder meetings or decisions that require their input.
Using Total Voting Rights as a Benchmark
For shareholders, the number of voting rights serves as a key benchmark. The figure can be employed to calculate whether an individual or entity must notify the Company of their interest under regulatory rules provided by the Financial Conduct Authority (FCA). This is an essential responsibility for shareholders wishing to remain compliant with the Disclosure Guidance and Transparency Rules.
Keeping Shareholders Informed
Understanding your rights and responsibilities is imperative when it comes to investments. The figure provided allows shareholders to ascertain their share of interest and any change they should report, promoting transparency and trust within the Company. It is generally advisable to keep abreast of such announcements, as changes in share capital can affect individual holdings and decision-making processes.
How to Stay Updated
As a shareholder of Octopus Apollo VCT plc, it's beneficial to stay informed about various changes and announcements made by the Company. Engaging with investor relations and following press releases will ensure that you are up-to-date with the latest developments affecting your investment.
Contact Information for Inquiries
If you have any questions regarding these recent updates or require further information, you may reach out directly to the Company's secretarial services. The contact person is Rachel Peat at Octopus Company Secretarial Services Limited, and they can be reached at +44 (0)80 0316 2067. It is always best to reach out for clarifications or any additional insights you might need regarding your holdings.
Additional Information for Shareholders
A mention of the LEI (Legal Entity Identifier) for Octopus Apollo VCT plc is also relevant, as it is listed as 213800Y3XEIQ18DP3O53. This identifier assists in streamlining processes and enhances the clarity of transactions associated with the Company.
Frequently Asked Questions
What does total voting rights mean for shareholders?
Total voting rights indicate the influence a shareholder has in the decision-making of the Company. It reflects the number of votes available for each shareholder based on their holdings.
Why is it essential to notify changes in share interest?
Notifying changes in share interest helps maintain transparency and regulatory compliance, ensuring that all stakeholders are aware of significant shareholding and potential impacts on governance.
Who can shareholders contact for more information?
Shareholders may contact Rachel Peat at Octopus Company Secretarial Services Limited for any inquiries or clarifications about their share capital and voting rights.
When was the current share capital reported?
The current share capital was reported as of 31 December 2024, providing insights into the status of investments at that time.
How does the LEI help shareholders?
The LEI assists shareholders in identifying legal entities, enhancing the clarity of transactions, and ensuring compliance in financial reporting and disclosures.