News
Public · Published
Re-opening of Offer for Subscriptions to Further Applications
Octopus AIM VCT plc re-opened its subscription offer, which aims to raise up to £30 million with an over-allotment facility of up to £30 million. It now accepts new subscriptions for the Company only, not for Octopus AIM VCT 2 plc.
Published:
Updated:
What happened
Octopus AIM VCT plc re-opened its subscription offer, which aims to raise up to £30 million with an over-allotment facility of up to £30 million. It now accepts new subscriptions for the Company only, not for Octopus AIM VCT 2 plc.
Confirmed
Global impact / market context
The money raised will fund the Company's ongoing investment programme and pipeline of opportunities. Early applicants get Offer costs cut by 2.5%, paid as extra shares by the investment manager. Existing Octopus VCT shareholders also get a 1% loyalty discount in extra shares.
Analyst inference
The offer spans the 2025/2026 and 2026/2027 tax years, so it targets investors seeking tax-year subscription timing. Limiting it to one company simplifies the raise. Fee discounts paid in shares can attract applications before the 16 December 2026 deadline.
Analyst inference
What to watch
- Applications received before 5pm on 16 December 2026 get Offer costs reduced by 2.5%, delivered as additional new shares paid for by Octopus Investments Limited, the Company's investment manager. Confirmed
- Watch whether the Company uses the over-allotment facility of up to £30 million, which would lift the total raise beyond the initial £30 million target. Proposed
- Track how much capital is actually raised and how quickly it is put into the investment pipeline, since slower deployment could leave cash available sitting idle. Analyst inference