Gresham House Income & Growth 2 VCT plc (GHV2) has announced the allotment of 812,223 new Ordinary Shares of 1p each at a price of 46.50 pence per share, issued under the Company's Dividend Investment Scheme on 30 October 2026. The allotment increases the Company's total issued share capital to 366,192,853 Ordinary Shares. Dealings in the new shares are expected to commence on or around 6 November 2026 following admission to the London Stock Exchange's main market for listed securities. Income-focused VCT investors will note the updated total voting rights figure, which now serves as the regulatory denominator for disclosure purposes.

Key Points

  • Gresham House Income & Growth 2 VCT plc (GHV2), managed by Gresham House Asset Management Limited
  • 812,223 new Ordinary Shares of 1p each allotted on 30 October 2026 at 46.50 pence per share under the Dividend Investment Scheme
  • Total issued share capital and voting rights now stand at 366,192,853 Ordinary Shares; no shares held in Treasury
  • Investors should monitor admission to the London Stock Exchange and the commencement of dealings expected around 6 November 2026

GHV2 Dividend Investment Scheme Drives 812,223-Share Allotment at 46.50p

The announcement confirms that Gresham House Income & Growth 2 VCT plc allotted 812,223 new Ordinary Shares of 1p each on 30 October 2026, priced at 46.50 pence per share. The shares were issued exclusively under the Company's Dividend Investment Scheme, a mechanism that allows qualifying shareholders to reinvest dividend income into new equity rather than receiving cash distributions. This type of issuance is a common feature of Venture Capital Trusts seeking to efficiently recycle capital while managing the dilutive effect of fresh share issuance at a defined market-related price.

London Stock Exchange Admission Expected Around 6 November 2026 for New GHV2 Shares

Following the allotment, the Company states that an application will be made for the new Ordinary Shares to be admitted to trading on the London Stock Exchange's main market for listed securities. Dealings are expected to commence on or around 6 November 2026, subject to the admission process being completed. Until that point, the newly allotted shares remain subject to listing confirmation. Investors in GHV2 who participated in the Dividend Investment Scheme will be watching for formal confirmation that their reinvested shares are tradeable on the main market.

GHV2 Total Voting Rights Rise to 366,192,853 Shares for FCA Disclosure Calculations

Following the allotment, the Company's total issued share capital stands at 366,192,853 Ordinary Shares, with an identical number of shares carrying voting rights. The Company holds no shares in Treasury. In line with the FCA's Disclosure Guidance and Transparency Rules, the figure of 366,192,853 is the denominator that shareholders must use when calculating whether they are required to notify the Company of an interest, or a change in interest, under applicable regulatory thresholds. This updated figure is material for any shareholder approaching relevant notification thresholds.