Understanding Total Voting Rights in Octopus Apollo VCT
Total Voting Rights and Share Capital Overview
Octopus Apollo VCT plc is a prominent player in the investment sector, recognized for its innovative approach to funding and growth. As of the latest reporting date, the Company's issued share capital stands at an impressive total of 903,052,006 Ordinary shares, each valued at 0.1p. This substantial number not only illustrates the Company's robust capital structure but also underlines its commitment to maintaining shareholder value.
Details of Total Voting Rights
As of the specified date, Octopus Apollo VCT has confirmed that there are no shares held in treasury, which means that all issued shares carry their full voting rights. The total voting rights equals the total number of issued shares, amounting to 903,052,006. This figure is critical for shareholders who need to assess their voting power within the Company.
Importance of Voting Rights
The significance of knowing the total voting rights cannot be understated. Shareholders may rely on this number when determining obligations related to reporting their interests in the Company. Under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, understanding one’s voting power is essential. Therefore, stakeholders should keep this denominator in mind to evaluate necessary notifications regarding their stakes in Octopus Apollo VCT.
Contact Information for Inquiries
For shareholders seeking further information or with any queries regarding voting rights or capital structure, they are encouraged to reach out directly. Contact details are as follows:
Company Secretary Contact
Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067
Implications for Shareholders
Understanding the voting rights and capital structure of Octopus Apollo VCT is paramount for all shareholders. It provides insights into how each share contributes to the overall decision-making process within the Company. As the landscape of investments evolves, remaining informed about one's rights ensures that shareholders can effectively voice their opinions and vote on important matters that affect the future of the Company.
Monitoring Changes in Voting Rights
Shareholders should consistently monitor any potential changes in the total number of shares or voting rights in order to remain compliant with regulatory requirements. Staying updated not only safeguards their interests but also empowers them to take part in the governance of the Company.
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the rights given to shareholders to vote at company meetings, which often forms the base for decision-making.
How does the share capital of Octopus Apollo VCT affect its shareholders?
The share capital impacts the financial structure and powers of shareholders in terms of voting and decision-making within the company.
Who should shareholders contact for inquiries about voting rights?
Shareholders should contact Rachel Peat at Octopus Company Secretarial Services Limited for any queries regarding their voting rights.
What should shareholders do with the total voting rights figure?
Shareholders should use this figure to determine if they need to notify any changes regarding their interests in the Company.
Why is transparency in voting rights important?
Transparency ensures that all shareholders are aware of their capabilities to vote and influence management decisions, fostering trust in corporate governance.
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