Transferring & Selling Shares
Find information about transferring or selling your Molten Ventures VCT shares below.
Transferring your Shares
If you would like to transfer your shares please fill out the Stock Transfer Form and return it together with your share certificate to our Registrar, City Partnership (UK) Limited. If you have any questions please contact City Partnership by email or call 01484 240 910. Please note Stamp Duty may apply.
Selling your Shares
If you would like to sell your shares please instruct your stockbroker to contact the VCTs broker Panmure Liberum Ltd who acts as the Company’s corporate broker, and maintains a list of potential sellers to be contacted when the next buyback is undertaken by the Company. The VCT does not buy back shares directly from investors but has a buyback policy through the London Stock Exchange.
The VCT Board is currently monitoring the Company’s distributable reserves to ensure continued compliance with the VCT regulations and it is not expected that any further share buybacks will be made prior to the end of March 2025. However, the Board expects to be able to resume buybacks, subject to the above, from 1 April 2025 onwards.
A precis of the buyback policy is as follows:
The Company has from time to time bought back its Ordinary Shares for cancellation. The Board will agree the price at which such buybacks are undertaken which will not be more than 95.0% of the last published NAV for the Ordinary Shares although the Board may decide to buy back shares at their discretion at a larger discount subject to VCT regulations, liquidity and the Listing Rules.