30 November 2023
Triple Point Venture VCT Plc
(the "Company")
ISSUE OF EQUITY AND TOTAL VOTING RIGHTS
DIRECTOR/PDMR SHAREHOLDING
The Directors of Triple Point Venture VCT Plc (the "Company") are pleased to announce the allotment of 2,118,892 Venture Shares of 1p each at an average price of 99.129 pence per share on 30 November 2023 pursuant to the offer for subscription set out in a prospectus issued by the Company on 22 September 2023.
As part of today's Venture Share allotment, Julian Antony Bartlett, a Non Executive Director of the Company, acquired 20,448 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 14 December 2023.
As a consequence of this allotment the issued share capital and total voting rights of the Company is now 57,193,497 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 Venture VCT 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 |
20,448 £20,000.00 | ||||
| e) | Date of the transaction | 30 November 2023 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT
| Triple Point Investment Management LLP | 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-venture-vct-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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.