Ventus VCT plc will seek shareholder approval for a share repurchase program at its Annual General Meeting to be held on July 22, 2013. Under the program, the company will repurchase up to 2,444,501 ordinary shares and 1,698,233 C shares, representing 14.99% of the current issued share capital. The minimum price paid for each share will be shall be 25 pence and The maximum price, exclusive of any expenses, which may be paid for a share is an amount equal to the higher of; (a) 105% of the average of the middle market prices shown in the quotations for a share in The London Stock Exchange Daily Official List for the five business days immediately preceding the day on which that share is purchased; and (b) the amount stipulated by Article 5(1) of the Buy-back and Stabilisation Regulation 2003.

The company is generally and unconditionally authorized to make market purchases in accordance with sections 693 and 701 of the Companies Act 2006. The authority is valid till the next Annual General Meeting in 2013 or 18 months, whichever is earlier.