Understanding Total Voting Rights for Octopus Future Generations VCT
Total Voting Rights Explained
Octopus Future Generations VCT plc announces its current issued share capital totaling 59,508,123 Ordinary shares, each valued at 0.1p. This figure marks an important aspect of the company’s governance structure, integral for shareholders.
Importance of Voting Rights
The significance of the total voting rights, which stands at 59,508,123, lies in its use for shareholder calculations. When determining whether to notify any change in their interest in the company, shareholders must reference this number. It ensures compliance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, promoting accountability and transparency in company operations.
Transparency in Shareholding
Having clear regulations regarding total voting rights helps maintain transparency within the shareholder community. By knowing the exact voting rights, shareholders can make informed decisions regarding their investments. It empowers them to engage actively in company decisions, making their voice heard during meetings and votes.
Understanding the Capital Structure
As of the last update, the company holds no shares in treasury. This means all issued shares are available for trading, fostering an environment of active shareholder participation. With the current number of ordinary shares, shareholders can ascertain their voting power and engage more meaningfully with the company's strategies.
Contact Information for Shareholders
Rachel Peat from Octopus Company Secretarial Services Limited is available for inquiries concerning the issued share capital and voting rights. Should you have questions or need clarification, feel free to reach out via telephone at +44 (0)80 0316 2067.
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the number of votes a shareholder can cast in company decisions, which is usually equivalent to the number of shares owned.
How is the total voting rights number calculated?
The total voting rights are calculated based on the issued share capital of the company, excluding any treasury shares that the company may hold.
Why is it important for shareholders to know their voting rights?
Shareholders must understand their voting rights to effectively participate in governance and decision-making processes within the company.
How can shareholders notify changes in their interest?
Shareholders notify changes in their interest by referring to the total voting rights number, as set by the company’s compliance with financial regulations.
Who should I contact for more information about my shares?
For detailed inquiries about shares and voting rights, shareholders can contact Rachel Peat at Octopus Company Secretarial Services Limited directly.
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