Octopus Titan VCT plc Updates Voting Rights and Capital
Understanding Total Voting Rights and Capital
Octopus Titan VCT plc is a notable player in the investment sector, consistently keeping its shareholders informed about crucial financial metrics. Recently, the company announced some important updates regarding its total voting rights and capital. This information is vital for investors and stakeholders who track the financial health and governance of the company.
Current Share Capital Status
As of the end of August, the issued share capital of Octopus Titan VCT plc stands at an impressive 1,666,741,092 Ordinary shares. Each share is valued at 0.1p, indicating a robust structure that allows the company to maintain transparency and accountability to its shareholders. A noteworthy aspect is that the company holds no treasury shares, which means that all issued shares are available for public trading.
The Importance of Voting Rights
The total voting rights attributed to these shares align with the issued share capital, resulting in a total of 1,666,741,092 voting rights in the company. This figure is essential for shareholders as it determines their voting power in any corporate decisions and changes that may arise, affecting their interests within the company.
Shareholder Notification Requirements
For shareholders, understanding the total voting rights is critical, especially when considering their obligations under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The figure of 1,666,741,092 serves as the denominator for any relevant calculations they must undertake regarding any changes in their shareholding. It guides them in determining whether they need to notify the company about their holdings or any shifts therein.
Contact Information for Inquiries
For those seeking further details or clarifications about these developments, Octopus Titan VCT plc encourages shareholders and interested parties to reach out to their dedicated contact. Rachel Peat from Octopus Company Secretarial Services Limited is available for inquiries, and can be reached at +44 (0)80 0316 2067. Such communications ensure that investors remain well-informed and engaged with the company's operations.
Key Takeaways from the Announcement
In summary, the announcement from Octopus Titan VCT plc regarding its total voting rights and share capital underscores the company's commitment to maintaining a transparent investment environment. With the current share capital established and a clear statement on voting rights, shareholders can feel confident in their ability to participate in corporate governance. This information also lays the groundwork for any required notifications about shareholding interests moving forward. Investors looking at LSE:OTV2 can take this opportunity to reflect on their stakes and influence within the company.
Frequently Asked Questions
What are the total voting rights for Octopus Titan VCT plc?
The total voting rights for Octopus Titan VCT plc are 1,666,741,092, matching the number of issued shares.
What is the significance of the issued share capital?
The issued share capital indicates the total number of shares available in the market, which is important for assessing company ownership and stakeholder influence.
Who should shareholders notify regarding their interest?
Shareholders should notify the company about their interest in shareholding changes as required under the Financial Conduct Authority's rules.
How can I contact Octopus Titan VCT plc for more information?
Inquiries can be directed to Rachel Peat at Octopus Company Secretarial Services Limited via phone at +44 (0)80 0316 2067.
What happens if I don’t notify changes in my interest?
Failure to notify changes in shareholding interest may lead to compliance issues under the Financial Conduct Authority's regulations.
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