Octopus Titan VCT Addresses Share Issues
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Octopus Titan VCT Addresses Share Issues

Octopus Titan VCT (GB:OTV2) has released an update.

Octopus Titan VCT plc, part of the Octopus Group, has acquired 57,006 shares for £33,695.51 through various transactions to address fractional entitlements, an administrative error, and to uphold the interests of shareholders affected by a share buyback issue. The company plans to repurchase these shares for cancellation in October 2024, adhering to its buyback policy, with OINL bearing the risk of NAV fluctuations. The transactions are classified as a smaller related party transaction in accordance with Listing Rule 11.1.10R.

For further insights into GB:OTV2 stock, check out TipRanks’ Stock Analysis page.

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