Albion EnterpriseVCT Albion Enterprise Vct Plc : Issue Of Equity And Total Voting Rights
January 31 2018 - 12:53PM
UK Regulatory
TIDMAAEV
ALBION ENTERPRISE VCT PLC
LEI Code 213800OVSRDHRJBMO720
The second allotment for the tax year 5 April 2018, of new ordinary
shares of nominal value 1 penny per share in Albion Enterprise VCT PLC
(the "Company") under the Albion VCTs Prospectus Top Up Offers 2017/18
(the "Offers"), (which was launched on 6 September 2017) took place on
31 January 2018.
The Company has received applications for 1,374,981 new ordinary shares
at an issue price of 104.3 pence per share. The net proceeds for this
allotment by the Company are approximately GBP1,398,000, bringing net
total raised to date under the prospectus to GBP5,071,000.
Application has been made to the Financial Conduct Authority for
1,374,981 new ordinary shares to be admitted to the Official List and to
the London Stock Exchange for the new ordinary shares to be admitted to
trading on the London Stock Exchange's market for listed securities. The
new ordinary shares rank pari passu with the existing shares in issue.
It is expected that admission will become effective, and that dealings
in the shares will commence on or before 8.00 a.m. on 2 February 2018.
The Offers constitute separate offers made by each of the Albion VCT's
which are participating in it. As at this closing on 31 January 2018, in
total, the amount raised across the Albion VCTs under the Offers was
GBP26.3m (of which GBP695,000 relates to tax year 2018/2019) and will
remain open until 24 August 2018 (unless fully subscribed before this
date).
Following this allotment and in conformity with the provisions of DTR
5.6, we would like to notify the market of the following:
The Company's capital as at 31 January 2018 consists of 63,574,899
ordinary shares with a nominal value of 1 penny each. The Company holds
6,883,443 ordinary shares in treasury.
Therefore, the total number of voting rights in the Company is
56,691,456, which may be used by shareholders and 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 and Transparency Rules.
For further information, please contact:
Albion Capital Group LLP
Company Secretary
020 7601 1850
31 January 2018
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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 Enterprise VCT PLC via Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
January 31, 2018 13:53 ET (18:53 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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