Issue of Equity and Total Voting Rights
Updated : 16:30
20 August 2021
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 730,763 Venture Shares of 1p each at an average price of 111.321p per share on 20 August 2021 pursuant to the offer for subscription set out in a prospectus issued by the Company on 14 September 2020 (the "Offer"). As part of today's Venture Share allotment, Timothy Clarke, a Non Executive Director of the Company, acquired 22,710 Venture Shares in the Company. The notification further below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
The shares allotted are to be admitted to the Official List. Admission is expected to become effective on or around 27 August 2021.
As a consequence of this allotment the issued share capital and total voting rights of the Company is now 39,623,948:
9,777,285 A Ordinary Shares
6,758,795 B Ordinary Shares
23,087,868 Venture Shares
Following today's allotment of Venture Shares, the Offer is now closed.
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 | Timothy Clarke | ||||
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 |
22,710 £24,999.40 | ||||
e) | Date of the transaction | 20 August 2021 | ||||
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. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.
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