Understanding Voting Rights at Octopus Apollo VCT plc
When investing in companies, understanding voting rights and capital structure is crucial. Today, we're diving into the details surrounding the voting rights of Octopus Apollo VCT plc, a prominent player in the investment sector.
Current Share Capital
As of a recent date, the issued share capital of Octopus Apollo VCT plc stands at an impressive 956,172,843 Ordinary shares, valued at 0.1p each. Notably, the company does not hold any shares in treasury. This figure plays a vital role in ensuring clarity for shareholders regarding their stakes and influence within the company.
Voting Rights Explained
The total voting rights within Octopus Apollo VCT plc equal the issued share capital, set at 956,172,843. This means that every ordinary share grants one vote, allowing shareholders to contribute significantly to company decisions. Knowing this number can be an essential tool for investors when assessing their voting power and making informed decisions.
Shareholder Notifications
Another important aspect linked to voting rights is the requirement for shareholders to notify any changes in their interests. The current figure of 956,172,843 serves as the denominator for these calculations, as mandated by the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. This regulation ensures transparency and accountability within the market, allowing shareholders to be aware of their responsibilities.
Importance of Transparency
Transparency is key in building trust between a company and its shareholders, and Octopus Apollo VCT plc aims to maintain this standard. By adhering to the Financial Conduct Authority's guidelines, the company ensures that all stakeholders can make informed decisions based on accurate data.
Contact Information
For those seeking further information regarding voting rights or other inquiries, Octopus Company Secretarial Services Limited is available to assist. The contact person for these inquiries is Rachel Peat, who can be reached at +44 (0)80 0316 2067. It's always a good practice to ask questions and stay informed about your investments.
Additionally, the company holds the following Legal Entity Identifier (LEI): 213800Y3XEIQ18DP3O53, which is crucial for conducting transactions under regulatory standards.
Frequently Asked Questions
What is the total number of shares issued by Octopus Apollo VCT plc?
The total issued share capital is 956,172,843 Ordinary shares of 0.1p each.
How many voting rights does each share provide?
Each ordinary share corresponds to one voting right, allowing shareholders to influence company decisions.
What do shareholders need to notify?
Shareholders must notify changes in their interests based on the issued share capital used as a denominator.
Who should shareholders contact for more information?
Shareholders can contact Rachel Peat at Octopus Company Secretarial Services Limited for inquiries.
Is Octopus Apollo VCT plc compliant with regulations?
Yes, the company adheres to the Financial Conduct Authority's regulations, ensuring transparency and good governance.
