Octopus Apollo VCT Closes Offer for New Investment Applications
Octopus Apollo VCT Announces Closure of Offer for New Applications
Octopus Apollo VCT plc has made an important announcement regarding its investment offerings. The company has recently declared that its offer for subscription, aiming to raise up to £50 million, has now been fully subscribed. This announcement is significant for both the company and its potential investors.
Details of the Subscription Offer
The Offer included an over-allotment facility, allowing for an additional £25 million to be raised across the 2024/2025 and 2025/2026 tax years. The commitment displayed by investors has led to the decision to close this offer to new applications, marking a successful endeavor for the company and its financial strategy.
Company's Future Outlook
With the closure of this offer, Octopus Apollo VCT plc is positioned to focus on enhancing its portfolio and continuing its commitment to providing excellent returns to existing investors. The board's decision reflects confidence in the company’s strategic plans moving forward and its ability to create value in the market.
Contact Information
For those seeking additional information regarding this closure and future opportunities, they can reach out to Rachel Peat at Octopus Company Secretarial Services Limited. She is available at +44 (0)80 0316 2067 for any inquiries or further discussions surrounding investment options.
Company LEI Information
Octopus Apollo VCT plc holds an LEI of 213800Y3XEIQ18DP3O53, allowing for identification in transactions and ensuring compliance in financial communications.
Frequently Asked Questions
What is the significance of the Offer closure?
The closure indicates that Octopus Apollo VCT has successfully reached its fundraising target, demonstrating strong investor interest.
What was the total amount raised through the Offer?
The Offer aimed to raise a total of up to £50 million, with an additional £25 million available through an over-allotment facility.
How can investors get more information about Octopus Apollo VCT?
Investors can contact Rachel Peat at Octopus Company Secretarial Services Limited via +44 (0)80 0316 2067 for inquiries.
What is the LEI for Octopus Apollo VCT?
The LEI for Octopus Apollo VCT plc is 213800Y3XEIQ18DP3O53, allowing for enhanced regulatory compliance.
What can investors look forward to after this Offer?
Investors can expect Octopus Apollo VCT to continue focusing on its investment portfolio and strategies designed to maximize returns.
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