18 March 2024
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 241,772 Venture Shares of 1p each at a price of 90.5p per share on 18 March 2024. The allotment has been made to shareholders who elected to receive Venture Shares under the Dividend Reinvestment Scheme as an alternative for the interim dividend totalling 2p per share payable on or around 18 March 2024. As part of today's Venture Share allotment, Elizabeth Jane Onslow, a Non Executive Director of the Company, acquired 2,089 Venture Shares in the Company. The notification further below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
An application for these Venture Shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities will be made shortly and dealings are expected to commence on or around 28 March 2024.
As a consequence of this allotment the issued share capital and total voting rights of the Company is now 64,235,031 Venture Shares.
Notification 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 | 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 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 |
2,089 £1,890.55 | ||||
| e) | Date of the transaction | 18 March 2024 | ||||
| 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.
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