VCT Merger
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Merger Update

We are pleased to announce that the mergers between four Octopus VCTs have been approved (effective 12th August 2010), resulting in two VCTs, Octopus AIM VCT and Octopus Second AIM VCT. Both VCTs offer significant tax benefits and the potential for tax free gains and dividends through investing primarily in the Alternative Investment Market (AIM).

The investment portfolios continue to be managed by the Octopus Quoted Small Cap Investment team, one of the most seasoned in the UK small cap sector. The team work exclusively on small cap mandates. They carry out over 500 company meetings per annum and are responsible for over £150 million of investments across several products.


Investment Offer

We are able to offer £10 million of new shares for investment in each of the two new VCTs, provided the mergers are voted through by current shareholders. As a VCT investment, this delivers 30% income tax relief (provided the shares are held for five years), plus tax free growth and tax free dividends.

The offer is open to all investors (both new and existing) on a first come first served basis. We are taking applications now, but shares will not be allotted until after the shareholder vote in August.


 


Past performance is no guide to future performance. It is important that you read and fully understand the risks involved with this investment so that you can decide whether it is right for you. These are set out in the prospectus.

Please remember that the value of an investment in this VCT may fall as well as rise and an investor may not get back the full amount invested. Tax rules and regulations are subject to change. A VCT should be regarded as a longer term investment. This VCT will invest in small companies which, by their nature, will have a higher risk profile than larger companies.




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