KINGS ARMS YARD VCT PLC
Issue of Equity and Total Voting Rights and Capital
Kings Arms Yard VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Dividend Reinvestment Scheme Terms & Conditions issued to shareholders on 19 April 2011) the Company allotted 636,545 Ordinary shares of 1p each (the "New Ordinary shares") in the capital of the Company on 29 April 2016. The New Ordinary shares were issued at a price of 19.61p per Ordinary share, comprising the most recent net asset value less the dividend of 0.5 pence per Ordinary share.
Of the 636,545 New Ordinary shares allotted on 29 April 2016, an application has been made to the UK Listing Authority for the admission of 462,682 New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on or before 3 May 2016. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for the 173,863 remaining shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 10 May 2016. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
Following the issue of the New Ordinary shares, the capital of the Company as at 29 April 2016 consists of 283,344,311 Ordinary shares of which 33,061,000 are in Treasury.
Therefore, the total number of voting rights in the Company is 250,283,311 which may be used by shareholders or other persons 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, the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Albion Ventures LLP
29 April 2016
Tel: 020 7601 1850