Albion Tech&Gen VCT Issue Of Equity And Total Voting Rights
December 29 2017 - 3:03AM
UK Regulatory
TIDMAATG
Albion Technology & General VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800TKJUY376H3KN16
Albion Technology & General 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 18 April 2008) the Company
allotted 415,257 Ordinary shares of 1 penny each (the "New Ordinary
shares") in the capital of the Company on 29 December 2017. The New
Ordinary shares were issued at a price of 71.7p per Ordinary share,
comprising the most recent net asset value less the dividend of 2 pence
per Ordinary share.
Of the 415,257 New Ordinary shares allotted on 29 December 2017, an
application has been made to the UK Listing Authority for the admission
of 139,289 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 2
January 2018. 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
137,698 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 9
January 2018. 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 the
138,270 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 16 January 2018. 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 29 December 2017 consists of 114,269,311 Ordinary shares
of which 13,268,070 shares are held in treasury.
Therefore the total number of voting rights in the Company is
101,001,241 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 and Transparency Rules.
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
29 December 2017
Tel: 020 7601 1850
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 Technology & General VCT PLC - Ordinary Shares via
Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
December 29, 2017 04:03 ET (09:03 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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