Octopus Apollo VCT plc: Recent Share Allotment Overview

Author: Evelyn Baker Updated: 05-08-2025 11:31 AM

Significant Share Allotment Announcement

Octopus Apollo VCT plc

Octopus Apollo VCT plc has officially announced a significant allotment and issuance of 6,280,749 Ordinary Shares valued at 49.2p each. This issuance was made to shareholders who opted for Ordinary Shares through the Dividend Reinvestment Scheme, serving as a substitute for the interim dividend, which is set at 1.3p per share.

Admission to Trading

An application has been submitted to ensure these shares are listed on the Official List of the Financial Conduct Authority. Trading on the London Stock Exchange’s main market for listed securities is anticipated to begin around May 14, 2025.

Directors’ Allocations

The allotment included shares issued to several directors, each acquiring stock at the price of 49.2p. Here’s a look at how the directors benefitted:

Murray Steele

Murray Steele, acting as PCA, received a total of 10,433 shares along with 3,202 shares, bringing his total holdings to 529,697, which reflects 0.05% of the issued share capital.

Christopher Powles

Director Christopher Powles was allotted 1,243 shares, increasing his current holding to 48,291, which accounts for 0.005% of the issued share capital.

Alex Hambro

Alex Hambro received 1,486 shares, boosting his holdings to 113,650 shares, making up 0.01% of the capital structure.

Claire Finn

Director Claire Finn was granted 1,138 shares, raising her total to 44,232, which is equivalent to 0.004% of the issued share capital.

Total Voting Rights Update

Following this recent share allotment, the total issued share capital and voting rights of Octopus Apollo VCT plc stand at 1,057,302,368 shares. Shareholders can now use this total as a reference point for any calculations related to their notifications of interest, as required under the FCA's Disclosure Guidance and Transparency Rules.

Contact Information

For further queries or additional details regarding this announcement, please reach out to:

Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800Y3XEIQ18DP3O53

Frequently Asked Questions

What is the purpose of the recent share allotment?

The share allotment allows shareholders the option to receive shares instead of a cash dividend through the Dividend Reinvestment Scheme.

When will the new shares start trading?

The shares are expected to commence trading on May 14, 2025, on the London Stock Exchange.

How many total shares are currently issued?

The total number of issued shares after the allotment is 1,057,302,368.

Who are the directors that received shares?

The directors who received shares include Murray Steele, Christopher Powles, Alex Hambro, and Claire Finn.

How is the percentage of issued share capital calculated?

The percentage for each individual's shares is calculated based on their total shares in relation to the total issued capital of the company.

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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