OTV2 Octopus Titan VCT

Disposal of stake in Calastone Limited

Disposal of stake in Calastone Limited

Octopus Titan VCT plc

26 October 2020

Disposal of stake in Calastone Limited

The Board of Octopus Titan VCT plc is pleased to announce that terms have been agreed for the disposal of its stake in Calastone Ltd, the largest global funds network, connecting the world’s leading financial organisations. The completion of the sale is conditional upon regulatory approval.

The Company first invested in Calastone at seed stage in 2008 backing the business through its early stages of growth through multiple rounds of funding. The exit represents an 18x return on Octopus Ventures’ initial investment, and a 9x return on the total investment, representing an IRR of over 30%. Titan’s stake in Calastone has been held through Zenith Holding Company Ltd since 2013.

The success of this investment in Calastone Ltd demonstrates the important role that VCTs play in helping to build great businesses that leverage technology to make a difference to end consumers in the products and services they provide.

For further information please contact:

Graham Venables

Octopus Company Secretarial Services Limited





020 3935 3803

EN
26/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Octopus Titan VCT

 PRESS RELEASE

Total Voting Rights and Capital

Total Voting Rights and Capital Octopus Titan VCT plc Total Voting Rights and Capital Octopus Titan VCT plc (‘the Company’) announces that as at 30 June 2025 its issued share capital consists of 1,647,726,059 Ordinary shares of 0.1p each. The Company holds no shares in treasury and the total voting rights in the Company are 1,647,726,059. The above figure of 1,647,726,059 may be used by shareholders 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 Financial Conduc...

 PRESS RELEASE

Results of Annual General Meeting

Results of Annual General Meeting Octopus Titan VCT plc Results of Annual General Meeting Octopus Titan VCT plc (‘the Company’) announces the results of its Annual General Meeting held on 19 June 2025. All Resolutions were carried on a show of hands. Details of proxy votes submitted in respect of the resolutions are detailed below. ResolutionVotesForPercentage of votes cast Chair’s DiscretionPercentage of votes castThird party discretionVotes AgainstPercentage of votes castVotes Withheld113,802,44385.131,374,3818.4720,3691,037,0306.40171,729210,835,95268.401,402,2098.8520,3693,604,28022...

 PRESS RELEASE

Total Voting Rights and Capital

Total Voting Rights and Capital Octopus Titan VCT plc Total Voting Rights and Capital Octopus Titan VCT plc (‘the Company’) announces that as at 31 May 2025 its issued share capital consists of 1,647,726,059 Ordinary shares of 0.1p each. The Company holds no shares in treasury and the total voting rights in the Company are 1,647,726,059. The above figure of 1,647,726,059 may be used by shareholders 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 Financial Conduct...

 PRESS RELEASE

Issue of Equity and Total Voting Rights

Issue of Equity and Total Voting Rights OCTOPUS TITAN VCT PLC Issue of Equity and Total Voting Rights Octopus Titan VCT plc (the ‘Company’) announces that 513,704 Ordinary Shares of 0.1p each were issued and allotted on 30 May 2025 at a price of 50.0p per share equivalent to the current NAV. These shares were issued to those investors who, in accordance with the adviser charging terms contained in each fundraising document offered to the public and published since 31 December 2012 following the introduction of the Retail Distribution Review, had chosen to pay their adviser less than the ...

 PRESS RELEASE

Annual Report for the year ended 31 December 2024 and Notice of Meetin...

Annual Report for the year ended 31 December 2024 and Notice of Meeting Octopus Titan VCT plc Annual Report for the year ended 31 December 2024 and Notice of Meeting Further to the announcement of annual results for the year ended 31 December 2024, Octopus Titan VCT plc (the ‘Company’) announces that the Annual Report has been posted or otherwise made available to shareholders. A copy of the Annual Report is also available to view on the Company’s website at The Annual Report includes the Notice of Meeting for the Annual General Meeting of the Company to be held on 19 June 2025. The An...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch