Understanding Total Voting Rights at Octopus Titan VCT plc
Total Voting Rights Overview
Octopus Titan VCT plc is committed to transparency and shareholder engagement, and it is essential for shareholders to be informed about voting rights and capital structures. As of the latest update, Octopus Titan VCT plc has issued a total of 1,666,741,092 Ordinary shares, with each share valued at 0.1p. Notably, the Company does not hold any treasury shares, ensuring that all issued shares are active in the market.
Importance of Voting Rights
The significance of the total voting rights extends beyond just numbers; these rights are crucial for shareholders in determining their influence on company decisions. The figure of 1,666,741,092 voting rights gives shareholders a clear benchmark when calculating their interests in the Company, particularly when it comes to adherence to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Understanding Shareholder Notification Requirements
For shareholders, the total of 1,666,741,092 voting rights also serves as the denominator in calculations regarding whether they need to inform the Company about changes to their shareholding. This notification ensures compliance with relevant regulations and supports the integrity of market operations, thereby fostering a climate of informed trading.
Contact Information for Shareholders
Effective communication is key for maintaining shareholder relations. For further inquiries or detailed information, shareholders can reach out to:
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
LEI and Additional Data
Additionally, the Legal Entity Identifier (LEI) for Octopus Titan VCT plc is 213800A67IKGG6PVYW75, providing a unique reference recognized globally for financial transactions and governance.
Conclusion
As Octopus Titan VCT plc continues to operate in a dynamic market, understanding the implications of voting rights and capital structure remains vital for all shareholders. The current landscape invites ongoing engagement and adherence to regulatory standards, ensuring that shareholders maintain their rights and responsibilities effectively.
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the number of votes that shareholders have in the company, with one vote typically assigned to each share owned. This figure reflects shareholders' influence over company decisions.
Why is the number of shares significant?
The number of shares is crucial as it determines the total voting rights available to shareholders, influencing their ability to impact company governance and strategic direction.
What happens if I own more than one share?
If you own multiple shares, your voting power increases proportionally, allowing you to have more influence on company decisions and policies during shareholder meetings.
How can I calculate my share interest?
Your interest can be calculated by taking the number of shares you own and dividing it by the total number of voting rights, which is 1,666,741,092 in this case. This gives you your percentage of interest.
Who should I contact for more information?
For any questions regarding voting rights or shares, you can contact Rachel Peat at Octopus Company Secretarial Services Limited at +44 (0)80 0316 2067 for assistance.
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