12 December 2022
Triple Point VCT 2011 plc
(the "Company")
ISSUE OF EQUITY AND TOTAL VOTING RIGHTS
DIRECTOR/PDMR SHAREHOLDING
The Directors of Triple Point VCT 2011 plc (the "Company") are pleased to announce the allotment of 1,859,708 Venture Shares of 1p each at an average price of 106.841 pence per share on 12 December 2022 pursuant to the offer for subscription set out in a prospectus issued by the Company on 21 September 2022.
As part of today's Venture Share allotment, Julian Antony Bartlett, a Non Executive Director of the Company, acquired 18,954 Venture Shares in the Company and Elizabeth Jane Onslow, a Non-Executive Director of the Company, acquired 9,477 Venture Shares in the Company. The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
The shares allotted are to be admitted to the Official List. Admission is expected to become effective on or around 19 December 2022.
As a consequence of this allotment the issued share capital and total voting rights of the Company is now 59,256,326:
9,777,285 A Ordinary Shares
6,758,795 B Ordinary Shares
42,720,246 Venture Shares
Notifications of transactions of persons discharging managerial responsibility or connected persons
| 1 | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |||||
| a) | Name | Julian Antony Bartlett | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | Non Executive Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Triple Point VCT 2011 plc | ||||
| b) | LEI | 213800AOOAQA5XQDEA89 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Venture Shares of £0.01 each
GB00BDTYGZ09 | ||||
| b) | Nature of the transaction | Purchase of shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
18,954 £20,000.00 | ||||
| e) | Date of the transaction | 12 December 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |||||
| a) | Name | Elizabeth Jane Onslow | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | Non Executive Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Triple Point VCT 2011 plc | ||||
| b) | LEI | 213800AOOAQA5XQDEA89 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Venture Shares of £0.01 each
GB00BDTYGZ09 | ||||
| b) | Nature of the transaction | Purchase of shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
9,477 £10,000.00 | ||||
| e) | Date of the transaction | 12 December 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
| Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
| Ian McLennan Belinda Thomas | |
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-vct-2011-plc/s2539/
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010 and was established to fund small and medium sized enterprises. The Investment Manager is Triple Point Investment Management LLP.
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