Understanding Total Voting Rights of Octopus Titan VCT plc Shares
Total Voting Rights of Octopus Titan VCT plc
Octopus Titan VCT plc is committed to ensuring transparency regarding its share capital and voting rights. As of the latest announcement, the Company’s issued share capital consists of a significant number of ordinary shares, specifically 1,647,726,059 Ordinary shares, each valued at 0.1p. This substantial amount reflects the Company’s capacity and gives a clear picture of its market presence.
Understanding the Importance of Voting Rights
Voting rights in a company are crucial for shareholders as they dictate the influence owners have over corporate decisions. With 1,647,726,059 total voting rights available, shareholders can use this figure as a benchmark when assessing their ownership percentage and deciding when to notify the company of any changes to their interests. Understanding voting rights is essential for maintaining transparency and compliance under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Significance for Shareholders
This announced figure enables shareholders to determine their notification requirements effectively. If shareholders own a certain percentage of shares, they need to be aware of how their interests affect their rights and responsibilities within the Company. This knowledge empowers shareholders to make informed decisions and remain compliant with regulatory standards.
Share Capital Details
Octopus Titan VCT plc currently holds no treasury shares, ensuring that all issued shares contribute to the total voting rights. This clarity in share capital structure is essential for shareholder confidence and enhances the company's governance standards.
Who to Contact for More Information?
For those seeking further clarification or information regarding Octopus Titan VCT plc, Rachel Peat from Octopus Company Secretarial Services Limited is the appointed contact. Shareholders and interested parties can reach her directly via telephone at +44 (0)80 0316 2067. Having a point of contact ensures that shareholders have access to essential information regarding their interests and the company’s governance.
The Future of Voting Rights Transparency
As financial markets evolve, maintaining transparency about voting rights and share capital will become increasingly significant. Companies like Octopus Titan VCT plc are leading the way by providing clear and accessible information. Stakeholders can rest assured that they are well informed and engaged with their investment.
Conclusion
In summary, the large number of ordinary shares issued by Octopus Titan VCT plc reflects its robust market position and strong governance standards. The total voting rights of 1,647,726,059 illustrates the importance of shareholder participation in decision-making processes. Understanding these aspects of the Company's structure will enable shareholders to navigate their responsibilities effectively.
Frequently Asked Questions
What is the total number of voting rights for Octopus Titan VCT plc?
The total number of voting rights for Octopus Titan VCT plc is 1,647,726,059.
Who should shareholders contact for more information?
Shareholders can contact Rachel Peat at Octopus Company Secretarial Services Limited for further information.
What is the value of each share issued by the company?
Each share issued by Octopus Titan VCT plc is valued at 0.1p.
Are there any treasury shares held by the Company?
No, Octopus Titan VCT plc currently holds no treasury shares.
Why is it important to understand voting rights?
Understanding voting rights is crucial because it helps shareholders know their influence on corporate decisions and when they need to notify changes in their interests.
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