Octopus Apollo VCT reopens subscription window with £35m additional allotment

Driven by investor demand

Octopus Apollo VCT has increased its fundraising target by £35m, reopening the investment window into the vehicle in response to investor demand.

The VCT closed the initial round of subscription applications on 19 March after its original £35m target was reached, and the £15m over-allotment facility was filled. In a stock exchange notice today (19 April), however, it said the fundraising target would be increased to £85m. The reopening date is yet to be announced, but Octopus outlined a fleet of incentives to entice new and existing investors to take part.  Octopus Apollo VCT launches £35m fundraise Clients who successfully apply prior to certain dates will benefit from the cost of the offering being reduced in for the fo...