Octopus Titan VCT plc

Equities

OTV2

GB00B28V9347

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:27 2024-04-26 am EDT			5-day change	1st Jan Change
59.5 ^GBX	0.00%		0.00%	-8.46%

Apr. 24	Octopus Titan's NAV falls in 2023 as portfolio sidelines growth	AN
Apr. 24	Octopus Titan VCT plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Portfolio Manager Changes

March 07, 2024 at 11:01 am EST

Octopus Titan VCT plc

Portfolio Manager Changes

Octopus Titan VCT plc (‘Titan’ or ‘the Company’) announces a change of lead fund manager at the Company’s Portfolio Manager, Octopus Investments Limited (‘Octopus’) following the resignation of Malcolm Ferguson, the current lead fund manager.

With immediate effect, Jo Oliver has been appointed as Advisor to the Board on Fund & Strategy on an interim basis. Jo brings 15 years of experience with Octopus Ventures and the Company, having previously been the lead fund manager for Titan from November 2014 to June 2022. Since 2022, Jo has remained part of the Octopus Ventures investment team (as a Partner) on a part-time basis.

Malcolm will continue to take an active role as lead fund manager of Titan until 30 April 2024, with Jo then taking on the interim role overseeing the fund management of the Company while a process is undertaken to find a permanent replacement. The Board welcomes the breadth of experience Jo brings to Titan in this interim period.

The Board would like to thank Malcolm for his contribution to the Company and wishes him well for the future.

For further information please contact:

Rachel Peat
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800A67IKGG6PVYW75

Latest news about Octopus Titan VCT plc

Octopus Titan's NAV falls in 2023 as portfolio sidelines growth	Apr. 24	AN
Octopus Titan VCT plc Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 24	CI
Octopus Titan VCT plc Appoints Rupert Dickinson as Independent Non-Executive Director, Member of the Audit Committee, Management Engagement Committee and Nomination & Remuneration Committee with Effect from 1 May 2024	Apr. 19	CI
Octopus Titan VCT to launch subscription offer on October 19	23-10-13	AN
EARNINGS AND TRADING: Kingswood cuts outlook; Poolbeg in patent joy	23-10-02	AN
Octopus Titan VCT plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-21	CI
Octopus Titan Vct plc Announces Appointment of Julie Nahid Rahman as an Independent Non-Executive Director, Member of the Audit Committee, Management Engagement Committee and Nomination & Remuneration Committee, Effective from 1 August 2023	23-07-27	CI
Value & Indexed NAV falls; Rogue Baron narrows loss	23-06-26	AN
Octopus Titan VCT plc Announces Retirement of Matt Cooper from the Board	23-06-14	CI
HVIVO sees 30% revenue growth; Next 15 lifts payout	23-04-25	AN
Octopus Titan VCT Declares Second Interim Dividend Payable on 24 May 2023	23-04-25	CI
Matt Cooper Not to Seek for Re-Election to Board At the Forthcoming Annual General Meeting	23-04-25	CI
Octopus Titan VCT plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-25	CI
Octopus Titan VCT Divests Stake in E-commerce Platform Patch Gardens	23-01-13	MT
Octopus Titan VCT plc commences an Equity Buyback Plan for 193,009,172 shares, representing 14.99% of its issued share capital, under the authorization approved on June 14, 2022.	22-10-06	CI
Octopus Titan VCT plc Reports Earnings Results for the Half Year Ended June 30, 2022	22-09-21	CI
Octopus Titan VCT plc Declares an Interim Dividend, Payable on 22 December 2022	22-09-21	CI
Octopus Titan VCT plc Announces Board Changes	22-06-17	CI
Octopus Titan VCT plc Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-21	CI
Octopus Titan VCT plc Declares Interim Dividend for the Period Ended 31 December 2021, Payable on 17 May 2022	22-03-17	CI
Octopus Titan Vct plc Reports Earnings Results for the Half Year Ended June 30, 2021	21-09-28	CI
Octopus Titan VCT plc Declares Interim Dividend for the Period Ended June 30, 2021, Payable on December 20, 2021	21-09-28	CI
Octopus Titan VCT plc Declares Special Dividend for the Period Ended June 30, 2021, Payable on December 20, 2021	21-09-28	CI
Octopus Titan VCT : Sells Stake In Property Partner To Better HoldCo	21-09-10	MT
Octopus Titan VCT plc Announces Directorate changes	21-06-07	CI

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Company Profile

Octopus Titan VCT plc is a United Kingdom-based venture capital trust (VCT). The Company's principal activity is to invest in a diversified portfolio of United Kingdom smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream. Its objective is to provide shareholders with attractive dividends and potential capital return by investing its funds in a broad spread of unquoted United Kingdom companies which meet the relevant criteria for VCTs. It invests in tech-enabled businesses and has a portfolio of over 140 early-stage companies operating in a diverse range of sectors. The Company invests in various sectors, including financial technology (Fintech), deep tech, health, consumer, business to business (B2B) software, bio and climate. The Company's subsidiary is Zenith Holding Company. The Company's portfolio manager is Octopus Investments Limited, and its manager is Octopus AIF Management Limited.

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Sector Venture Capital

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OCTOPUS TITAN VCT PLC	-8.46%	1.22B
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Venture Capital