Closure of the Company's offer
February 27 2025 - 11:00AM
UK Regulatory
Closure of the Company's offer
Albion Enterprise VCT PLC
LEI Code 213800OVSRDHRJBMO720
Closure of the Company’s offer under the Albion
VCTs Prospectus Top Up Offers 2024/2025 (the “Offers")
The Board of Albion Enterprise VCT PLC (the
"Company") is pleased to announce that it has now received
applications reaching its £20 million limit (inclusive of the
Company’s £10 million over-allotment facility which has been
exercised) under its offer for subscription ("Offer") pursuant to
the Prospectus issued on 12 November 2024 by the Company, Albion
Technology & General VCT PLC and Albion Crown VCT PLC. On the
basis that such applications received by the Company are all valid
and accepted, the Offer of the Company is now fully subscribed and
has now closed to further applications.
The allotment in respect of valid applications
received prior to the Offer closing are expected to take place on
21 March 2025 in respect of the 2024/2025 tax year.
Application for the shares to be admitted to the
Official List of the Financial Conduct Authority and to trading on
the London Stock Exchange’s market for listed securities will be
made and dealings are expected to commence on or around 26 March
2025.
The offers for subscription of Albion Technology
& General VCT PLC and Albion Crown VCT PLC remain open for
valid applications.
The Offers which constitute separate offers
opened on 6 January 2025 and are expected to close no later than
5.30 p.m. on 4 April 2025 (unless fully subscribed by an earlier
date or previously closed).
A downloadable version of the Prospectus is
available from www.albion.capital/offers. Copies of the Prospectus
are also available, free of charge, from the Companies' registered
office at 1 Benjamin Street, London, EC1M 5QL.
Terms used in this announcement have the same
meaning as defined in the Prospectus.
27 February 2025
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 0207 601 1850
Albion Enterprise Vct (LSE:AAEV)
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