Total Voting Rights and Capital Details
Octopus Titan VCT plc (LSE: OTV2) has made an important announcement regarding its voting rights and share capital. As of the end of November, the Company’s issued share capital comprises 1,647,726,059 ordinary shares, each valued at 0.1 pence. This figure is significant for current shareholders and investors alike, as understanding it can assist in making informed decisions about their holdings.
Significance of Total Voting Rights
The total voting rights within the Company stand at 1,647,726,059. This number is crucial for shareholders as it serves as the basis for calculations related to the notification of interest in the Company. These calculations are dictated by the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, which mandate that shareholders must inform the Company of their interest or any changes to it.
What this Means for Shareholders
Having a clear understanding of the total voting rights helps shareholders gauge how their stakes in the Company translate into influence. Each ordinary share represents a single voting right, allowing shareholders to impact major decisions and directions taken by Octopus Titan VCT plc. Therefore, it is essential for investors to stay updated on such figures to assess their position effectively.
No Shares in Treasury
It’s also noteworthy that Octopus Titan VCT plc holds no shares in treasury. This means that all issued shares are available to shareholders and do not affect the overall voting rights. Consequently, investors can rely on the total number of issued shares reported by the Company for their voting power calculations.
Keeping Shareholders Informed
Communication is key in maintaining a transparent relationship between the Company and its investors. For further inquiries or clarifications regarding the total voting rights and share capital, shareholders are encouraged to reach out directly. The Company has provided contact details for Rachel Peat, who is associated with Octopus Company Secretarial Services.:
Contact Information for Shareholders
If you have any queries, don't hesitate to contact Rachel Peat at Octopus Company Secretarial Services Limited. You can reach her at +44 (0)80 0316 2067. The Company is committed to ensuring that all shareholders remain informed about their rights and the implications of their shareholdings.
Final Thoughts
In conclusion, Octopus Titan VCT plc continues to uphold its commitment to transparency and shareholder rights through clearly communicating its total share capital and voting rights. This information allows shareholders to accurately assess their interests and obligations under current financial regulations.
Frequently Asked Questions
What are the total voting rights in Octopus Titan VCT plc?
The total voting rights are 1,647,726,059 Ordinary shares.
How does the total voting rights figure affect shareholders?
Shareholders use this figure to determine if they need to notify their interest under Financial Conduct Authority regulations.
Who can shareholders contact for more information?
Shareholders can contact Rachel Peat at Octopus Company Secretarial Services Limited.
What does it mean that there are no shares in treasury?
This indicates that all issued shares are accounted for as voting shares without any held back, simplifying the voting rights calculation.
How often are total voting rights reported?
The Company reports total voting rights periodically, typically whenever there are significant changes to the share capital.