Triple Point Venture VCT Plc (LSE:TPV) commences share repurchases on August 4, 2023, under the program mandated by the shareholders in the Annual General Meeting held on July 19, 2023. As per the mandate, the company is authorized to repurchase up to o 5,127,072 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for A Shares, B Shares and Venture Shares as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the A Shares, B Shares and Venture Shares is contracted to be purchased.

The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled or sold for cash. The authority shall expire at the conclusion of the next Annual General Meeting of the company or 15 months following the date of the passing of this Resolution, whichever is earlier. As of June 7, 2023, the company had 51,270,715 shares in issue.