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Understanding Octopus Titan VCT's Voting Rights and Shares

Understanding Octopus Titan VCT's Voting Rights and Shares

Overview of Octopus Titan VCT Voting Rights

Octopus Titan VCT plc

Octopus Titan VCT plc is committed to transparency in its operations. As of a recent reporting date, the company has a total issued share capital consisting of approximately 1.65 billion Ordinary shares, each with a nominal value of 0.1p. This substantial volume illustrates the company's capacity and commitment to its shareholders.

Understanding Share Capital

Shares represent ownership in a company, and in the case of Octopus Titan VCT, all issued shares amount to 1,647,726,059 Ordinary shares. Notably, the company does not hold any shares in treasury, meaning all shares are actively available in the market, providing equal access and opportunities for existing and potential investors.

Implications of Total Voting Rights

The total voting rights in Octopus Titan VCT plc stands at 1,647,726,059, correlating directly with the number of Ordinary shares the company has issued. This figure is essential, as it serves as the calculation denominator for shareholders considering their own interest notifications. This is in line with regulations set forth by the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Key Contact Information

For anyone seeking more information about the company or its voting rights and capital structure, direct communication is encouraged. Rachel Peat from Octopus Company Secretarial Services Limited serves as the primary point of contact. She can be reached at +44 (0)80 0316 2067. The company is also registered under the Legal Entity Identifier (LEI): 213800A67IKGG6PVYW75, identifying it uniquely within financial transactions.

Future Considerations for Shareholders

As shareholders consider their stake in the company, awareness of total voting rights and share capital is crucial. Each share represents a vote in corporate decisions, providing investors with the power to influence future directions of the company.

Investing in a company like Octopus Titan VCT plc, with its robust share structure and commitment to transparency, can be an appealing choice. Such transparency not only fosters trust but also empowers shareholders to remain engaged and informed regarding their investments.

Frequently Asked Questions

What is the total number of voting rights in Octopus Titan VCT?

The total number of voting rights is 1,647,726,059, aligning with the total number of Ordinary shares issued.

What does the term 'ordinary shares' mean?

Ordinary shares refer to the class of shares that typically conveys voting rights to the shareholders and represents ownership in the company.

Who should shareholders contact for more information?

Shareholders can reach out to Rachel Peat at Octopus Company Secretarial Services Limited for any inquiries.

What is the importance of the Legal Entity Identifier (LEI)?

The LEI uniquely identifies companies participating in financial transactions, enhancing transparency and reducing risks in the market.

How can shareholders determine their interest in the company?

Shareholders must reference the total voting rights as a denominator when calculating their required notifications under the Financial Conduct Authority guidelines.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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