Albion Dev VCT Increase In Offer Amount
March 23 2015 - 10:42AM
UK Regulatory
TIDMAADD
ALBION DEVELOPMENT VCT PLC
In the light of strong demand for the Company's shares under the Albion
VCTs Prospectus Top Up Offers 2014/2015, which were launched on 17
November 2014, the board of directors of Albion Development VCT PLC is
pleased to announce that it has elected to exercise the over allotment
facility referred to in the prospectus. Accordingly, the maximum amount
that may be raised by the Company is increased from GBP4.25m to GBP6m.
The Company has, to date, received valid applications for approximately
GBP2.9m. The Offers are expected to close no later than 30 September
2015.
For further information, please contact:
Patrick Reeve
020 7601 1850
23 March 2015
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Albion Development VCT PLC - D Shares via Globenewswire
HUG#1905586
http://www.closeventures.co.uk
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