Albion EnterpriseVCT Issue Of Equity And Total Voting Rights
February 26 2021 - 12:42AM
UK Regulatory
TIDMAAEV
Albion Enterprise VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800OVSRDHRJBMO720
Albion Enterprise VCT PLC (the "Company") announces that, further to the
Dividend Reinvestment Scheme (details of which were set out in the
Circular issued to shareholders on 26 November 2009), the Company
allotted 262,339 Ordinary shares of 1 penny each (the "New Ordinary
shares") in the capital of the Company on 26 February 2021. The New
Ordinary shares were issued at a price of 112.23p per Ordinary share,
comprising the most recent net asset value less the dividend of 2.74
pence per Ordinary share.
Of the 262,339 New Ordinary shares allotted on 26 February 2021, an
application has been made to the UK Listing Authority for the admission
of 87,987 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
March 2021. The New Ordinary shares will rank pari passu in all respects
with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for
88,065 shares to be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities. It is expected that dealings will commence on 8 March
2021. The New Ordinary shares will rank pari passu in all respects with
the existing Ordinary shares in issue.
A final application will be made to the UK Listing Authority for the
86,287 remaining shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's main
market for listed securities. It is expected that dealings will commence
on 15 March 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 26 February 2021 consists of 77,785,892 Ordinary shares of
which 9,868,666 shares are held in treasury.
Therefore the total number of voting rights in the Company is 67,917,226
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
26 February 2021
Tel: 020 7601 1850
(END) Dow Jones Newswires
February 26, 2021 01:42 ET (06:42 GMT)
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