Oberon AIM VCT plc has announced the purchase and cancellation of 100,000 ordinary shares of 10 pence each at a gross price of 18.75 pence per share, executed on 12 November 2026. The transaction reduces the company's total issued share capital to 7,843,794 ordinary shares, with an equivalent number of voting rights attached. The buyback was conducted in compliance with FCA Disclosure Guidance and Transparency Rules, with the board confirming no inside information restrictions applied at the time of the market purchase. Investors in the AIM-focused venture capital trust may note the updated voting rights denominator for regulatory disclosure purposes.

Key Points

  • Oberon AIM VCT plc (OVCT) is an AIM-listed venture capital trust managed with company secretary services provided by John Beaumont
  • The company purchased and cancelled 100,000 ordinary shares of 10p each at 18.75 pence per share on 12 November 2026
  • Following the cancellation, total issued share capital and voting rights stand at 7,843,794 ordinary shares; no shares are held in treasury
  • Investors should monitor further share capital changes that may affect regulatory notification thresholds under the FCA's Disclosure and Transparency Rules

Oberon AIM VCT Purchases and Cancels 100,000 Ordinary Shares at 18.75p

The board of Oberon AIM VCT plc confirmed that on 12 November 2026 the company completed a market purchase of 100,000 ordinary shares of 10 pence each at a gross price of 18.75 pence per share, with those shares subsequently cancelled rather than retained in treasury. The announcement states that the company does not hold any ordinary shares in treasury following this transaction. The total consideration paid was not separately disclosed as a lump sum in the announcement, though the per-share price of 18.75 pence and the volume of 100,000 shares are confirmed figures.

Post-Cancellation Share Capital and Voting Rights Denominator for Oberon AIM VCT

Following the cancellation, Oberon AIM VCT's total issued share capital comprises 7,843,794 ordinary shares of 10 pence each, with 7,843,794 voting rights attached. The company advises that this figure should be used by shareholders as the denominator when calculating whether they are required to notify a relevant interest, or a change in interest, under the FCA's Disclosure and Transparency Rules. This updated denominator is a standard regulatory disclosure that becomes relevant after any change to a company's total voting share capital.

Board Confirms Compliance With FCA Inside Information Rules Before Buyback

Oberon AIM VCT's board stated that the company was satisfied all inside information previously held by directors and the company had become publicly available prior to the completion of the market purchase. As a result, the announcement confirms the company was not prohibited from dealing in its own securities at the time the transaction was executed. This confirmation aligns with obligations under the FCA's Market Abuse Regulation framework, which restricts issuers from conducting share buybacks whilst in possession of material non-public information.