Octopus AIM VCT Expands Voting Rights with Share Purchase

Author: Evelyn Baker Updated: 04-16-2025 12:01 PM

Octopus AIM VCT's Recent Share Acquisition

Octopus AIM VCT plc is pleased to share an important update regarding its share structure and voting rights. The Company has recently undertaken a significant step by purchasing a total of 888,536 ordinary shares, thereby enhancing its position in the market.

Details of the Share Purchase

The shares purchased were ordinary shares of 1p each, with the transaction occurring at a price of 45.45p per share. This move demonstrates the Company’s strategic initiative to consolidate its shares and manage its capital effectively.

Impact on the Company's Capital Structure

As a result of this transaction, Octopus AIM VCT's issued share capital will now stand at 235,109,314 ordinary shares. This updated figure is significant as it will serve as a reference point for shareholders. They will utilize this number to assess whether they need to disclose their interests or any changes in their interests concerning the Company, in line with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Importance of Voting Rights

Voting rights are a crucial component for shareholders, allowing them to influence the direction of the Company. With the recent share buyback, Octopus AIM VCT is not only strengthening its capital structure but also ensuring that voting rights remain effectively distributed among its shareholders.

Company Contact Information

If you have any questions or require further information regarding this transaction, feel free to reach out to Rachel Peat from Octopus Company Secretarial Services Limited. You can contact them at +44 (0)80 0316 2067 for any inquiries.

Understanding LEI Code for Investors

The Company operates under the LEI code 213800C5JHJUQLAFP619, ensuring transparency and providing crucial information for investors looking to assess the Company’s activities and compliance.

Frequently Asked Questions

What does the share purchase imply for existing shareholders?

This share purchase may enhance existing shareholders' value and concentrate voting rights, benefiting those involved in the Company's management.

How can shareholders track their interests post-purchase?

Shareholders can use the updated issued share capital figure to track their interests in accordance with regulatory requirements.

Who should I contact for further details on this transaction?

For any inquiries related to the share purchase, shareholders can contact Rachel Peat at Octopus Company Secretarial Services Limited.

What is the significance of the LEI code?

The LEI code provides unique identifiers for legal entities engaged in financial transactions, facilitating better transparency and compliance.

How does this transaction align with Octopus AIM VCT's strategy?

The buyback reflects Octopus AIM VCT's strategic approach to managing its capital effectively while enhancing shareholder value through concentrated voting rights.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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