REG - Molten Ventures VCT - Issue of Equity

Molten Ventures VCTAnnouncement

24/04/2024 15:45

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RNS Number : 9100L  Molten Ventures VCT PLC  24 April 2024

Molten Ventures VCT plc

LEI: 2138003I9Q1QPDSQ9Z97

24 April 2024

Issue of Equity under Offer and DRIS

 

The Board of Molten Ventures VCT plc (the "Company") announces an allotment on
24 April 2024 of Ordinary Shares of 5p each ("Shares"), pursuant to the Offer
for Subscription that launched on 3 October 2023 ("the "Offer").  The Company
allotted 587,656 Shares at an average price of 48.58p per Share.  The shares
were issued under the pricing formula in the Prospectus using a Net Asset
Value of 47.27p per share (being the unaudited adjusted net asset value as of
4 April 2024, which has been adjusted down for payment of the 1p dividend on 5
April 2024).  The allotment of shares will rank pari passu with existing
Ordinary Shares.

The issued share capital and total voting rights of the Company is now
269,716,836 Ordinary Shares.

The above figure may be used by Shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Molten Ventures VCT plc under
the FCA's Disclosure and Transparency Rules.

Application for the Shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made at the earliest practicable opportunity.
Dealings are expected to commence on or around 1 May 2024.

 

For further information please contact:

ISCA Administration Services Limited,

Company Secretary 01392 487056

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