Understanding Total Voting Rights and Capital Increases
Understanding Total Voting Rights and Capital
Octopus Future Generations VCT plc is committed to transparency regarding its issued share capital. Recently, it announced an important update related to its total voting rights.
Current Share Capital Overview
As of a recent date, Octopus Future Generations VCT plc has an issued share capital of 59,508,123 Ordinary shares, each with a nominal value of 0.1p. Importantly, the company does not hold any shares in treasury, meaning all issued shares are available for voting purposes. This results in total voting rights amounting to 59,508,123.
Implications for Shareholders
The voting rights figure of 59,508,123 is significant for shareholders. It serves as the basis for calculating obligations regarding interest notifications under the guidelines established by the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Understanding this figure is essential for shareholders to stay compliant with their reporting responsibilities.
Understanding Notification Requirements
Shareholders must use the total voting rights as a denominator for determining whether they need to notify the company of any changes in their stake. This process ensures the company has up-to-date information regarding its shareholders, thereby enhancing corporate governance.
Contact Information for Queries
For further assistance regarding this announcement or for any inquiries, shareholders are encouraged to reach out to the company contact:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
Additionally, the company holds the LEI number 213800AL71Z7N2O58N66, which can be referenced for legal identification in relevant transactions.
Conclusion
The transparency around total voting rights and issued capital demonstrates Octopus Future Generations VCT plc’s commitment to its shareholders. By keeping stakeholders informed, the company fosters a stronger relationship and ensures that shareholders are well-equipped to fulfill their regulatory obligations. Understanding your rights as a shareholder helps in making informed decisions about investments and participation in corporate activities.
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the number of votes a shareholder can cast in company decisions, based on the number of shares they hold.
Why are total voting rights important?
They are important as they determine the influence shareholders have in corporate governance and decision-making processes.
How can shareholders use the total voting rights figure?
Shareholders can use this figure to understand their reporting obligations concerning changes in their interest level in the company.
Who can I contact for more information?
Please contact Rachel Peat at Octopus Company Secretarial Services Limited for any inquiries regarding total voting rights.
Does the company hold shares in treasury?
No, Octopus Future Generations VCT plc does not hold any shares in treasury.
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