Just launched: Octopus Titan VCT
1 November 2023
Key dates and discounts:
- Early bird discount: Clients with applications and funds cleared by Thursday 21 December will receive a 2% early bird discount.
- Loyalty discount: Additionally, for clients who have previously invested in any Octopus VCT will qualify for a 1% loyalty discount. This means existing Octopus VCT investors can invest into Titan with a 0% initial fee if they invest before Thursday 21 December.
- Allotment deadline: Applications and cleared funds need to be received by Monday 20 November to be in the first allotment and receive the interim dividend. We expect the next allotment date to be in March.
- Interim dividend: The Titan Board have declared an interim dividend of 2p per share (2022: 2p per share). This will be paid on 21 December 2023 to shareholders on the register, and clients who have sent applications and cleared funds by Monday 20 November.
About Titan VCT:
- Octopus Titan VCT invests in tech-enabled businesses with high growth potential. Managed by one of Europe’s largest venture capital teams1, it currently has a portfolio of more than 140 early-stage companies operating in a diverse range of sectors. We’ve backed some of the UK’s most successful entrepreneurs, including the founders of Elvie, Depop and Zoopla Property Group.
Key risks to keep in mind:
- The value of an investment in the Octopus Titan VCT, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
- Tax treatment depends on individual circumstances and may change in the future.
- Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
- VCT shares are by their nature high risk, their share price may be volatile and they may be hard to sell.
1 2022 Annual Interactive Global League Tables, Pitchbook, 9 February 2023
VCT investments are not suitable for everyone. Any recommendation should be based on a holistic review of your client's financial situation, objectives and needs. This communication does not constitute advice on investments, legal matters, taxation or any other matters. This advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus and Key Information Document (KID), which can be obtained from octopusinvestments.com. Investors should read the product brochure before deciding to invest; this can be found at octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 03942880. We record telephone calls. Issued: October 2023. CAM013463.
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VCT investments are not suitable for everyone. Any recommendation should be based on a holistic review of your client's financial situation, objectives and needs. This communication does not constitute advice on investments, legal matters, taxation or any other matters. This advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus and Key Information Document (KID), which can be obtained from octopusinvestments.com. Investors should read the product brochure before deciding to invest; this can be found at octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 03942880. We record telephone calls. Issued: October 2023. CAM013463.
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