Albion Dev VCT Issue Of Equity And Total Voting Rights
May 28 2021 - 3:58AM
UK Regulatory
TIDMAADV
Albion Development VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800FDDMBD9QLHLB38
Albion Development VCT PLC (the "Company") announces that, further to
the Dividend Reinvestment Scheme (details of which were set out in the
Circular issued to shareholders in August 2008), the Company allotted
434,384 Ordinary shares of 1 penny each (the "new ordinary shares") in
the capital of the Company on 28 May 2021. The new ordinary shares were
issued at a price of 82.01 pence per ordinary share, comprising the most
recent net asset value less the dividend of 2.06 pence per ordinary
share.
Accordingly, application has been made to the UK Listing Authority for
the admission of the 434,384 new ordinary shares to the Official List of
the UK Listing Authority and to trading on the London Stock Exchange's
main market for listed securities and it is expected that dealings will
commence on 1 June 2021. The new ordinary shares will rank pari passu in
all respects with the existing ordinary shares in issue.
Following the issue of the new ordinary shares, the capital of the
Company as at 28 May 2021 consists of 116,303,264 ordinary shares of
which 12,840,773 shares are held in treasury.
Therefore, the total number of voting rights in the Company is
103,462,491 which may be used by shareholders or other persons as the
denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
28 May 2021
Tel: 020 7601 1850
(END) Dow Jones Newswires
May 28, 2021 04:58 ET (08:58 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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