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Octopus Apollo VCT Expands Share Capital with New Admission to LSE

Reported by Theglobeandmail
Jul 4, 2026· 2 min read
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Key Takeaways
  • • Octopus Apollo VCT admitted 7,783,426 new ordinary shares (0.1p each) to the London Stock Exchange Main Market on 3 July 2026, following subscriptions under an ongoing offer launched in October 2025.
  • • Total ordinary shares in issue expanded to 1,186,636,110, with new shares fully fungible with existing stock, enhancing market liquidity and the VCT's capital deployment capacity.
  • • The expansion reinforces Octopus Apollo's positioning as a substantial tax-advantaged investment vehicle for retail and institutional investors seeking exposure to UK venture capital and growth companies across multiple sectors.
  • • Current market capitalization stands at £538.7M with average trading volume of 1,957,702 shares, reflecting institutional and retail participation in the trust.
  • • The admission reflects the VCT's strategy of periodic equity raises to broaden its investor base while maintaining regulatory compliance with FCA listing requirements and LSE trading standards.
Summary
Octopus Apollo VCT plc has expanded its share capital through the admission of 7,783,426 new ordinary shares to trading on the London Stock Exchange Main Market, effective 3 July 2026. The issuance follows subscriptions received under the trust's ongoing offer, which commenced in October 2025. These new shares, each with a nominal value of 0.1p, are fully fungible with existing ordinary shares, meaning they carry identical rights and privileges and can be freely traded alongside the current share register.

The capital raise increases the total number of ordinary shares in issue to 1,186,636,110, expanding Octopus Apollo's equity base and enhancing its capacity to deploy capital into growth-oriented companies. As a UK-listed venture capital trust, the vehicle provides tax-efficient investment access for both retail and institutional investors seeking exposure to unquoted and AIM-quoted companies across multiple sectors. The trust specializes in early-stage and expanding businesses, using its fungible share structure to support ongoing liquidity for existing shareholders while simultaneously broadening its investor base through periodic regulated public offerings.

The admission represents the continuation of a capital-raising strategy that aligns with the VCT's operational model. With a current market capitalization of £538.7M and average daily trading volume of 1,957,702 shares, Octopus Apollo maintains sufficient market depth to support institutional participation. The expansion of the share register underscores the trust's positioning as a sizable vehicle within the UK venture capital landscape, particularly relevant given regulatory changes from April 2026 that expanded VCT investment limits, presenting additional deployment opportunities for large funds such as Apollo.

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Sources

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Theglobeandmail Octopus Apollo VCT Expands Share Capital with New Admission to LSE