AATG Albion Technology & General Vct Plc

 
TIDMAATG 
 
 
   Publication of Prospectus 
 
   LEI Code 213800TKJUY376H3KN16 
 
   Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology 
& General VCT PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC 
 
   Albion VCTs Prospectus Top Up Offers 2020/2021 
 
   Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology 
& General VCT PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC 
(together, "the Companies") announce that they have published a 
Prospectus (comprising a Securities Note, Registration Document and 
Summary) in relation to offers for subscription for new Ordinary Shares 
in each of the Companies to raise, in aggregate, up to GBP45 million 
(before issue costs), together with over-allotment facilities as 
detailed below (the "Offers") as follows: 
 
 
 
 
                            Amount to be raised under  Over-allotment facility 
                                           each Offer 
-------------------------  --------------------------  ----------------------- 
Albion Development VCT                   GBP7 million             GBP3 million 
PLC Offer 
-------------------------  --------------------------  ----------------------- 
Albion Enterprise VCT PLC                GBP6 million             GBP3 million 
Offer 
-------------------------  --------------------------  ----------------------- 
Albion Technology &                     GBP14 million             GBP3 million 
General VCT PLC Offer 
-------------------------  --------------------------  ----------------------- 
Crown Place VCT PLC Offer                GBP6 million             GBP3 million 
-------------------------  --------------------------  ----------------------- 
Kings Arms Yard VCT PLC                 GBP12 million             GBP3 million 
Offer 
-------------------------  --------------------------  ----------------------- 
 
 
   Any election to make use of their over-allotment facility will be 
subject to the decision of the individual boards of the Companies in the 
light of investments and disposals made and anticipated by them at the 
relevant time. 
 
   The Offers open on 5 January 2021 and are expected to close no later 
than 30 September 2021 (unless fully subscribed by an earlier date or 
previously closed). 
 
   Each of the Companies has entered into an offer agreement relating to 
the Offers with the Companies' investment manager Albion Capital Group 
LLP ("Albion"), pursuant to which Albion will receive a fee of 2.5 per 
cent. of the gross proceeds of the Offers and out of which Albion will 
pay the costs of the Offers, as detailed in the Prospectus.  Albion is a 
related party of each of the Companies under the Listing Rules, and 
therefore entering into the offer agreement is a transaction to which 
Listing Rule 11.1.10 applies. 
 
   A downloadable version of the Prospectus will be available from 
www.albion.capital. 
 
   Copies of the Prospectus are available, free of charge, from the 
Companies' registered office at 1 Benjamin Street, London, EC1M 5QL. 
 
   In accordance with the Listing Rules, the Prospectus has been submitted 
to the National Storage Mechanism and will shortly be available for 
inspection at. 
 
   https://www.globenewswire.com/Tracker?data=dZUugHgvoFyCPGe9k0CHGYuRiTeomdIuIxrEV0lAug0mC30Qw4InWI5dX_gyA3xW0T3mnD3wXRueRVPscTUEhK6w2y-4D8IbLZf1OjqPT5OQh-FSi8s29cB-_dvYrJkjXicq6erQnBpU6asLAdtBkVM8KaR9ooOvRhxw8h89S7-Tk1tfAGpdZ5rkBpbpRjENhvEStq-3y_2VrUN-0ssQ6v00crQdNvYMLGdKiwfrtNEqsEOZd7WIyZw2aAH_XRnEpDRR9q8bdIMdgSDJNaVN0Ej4MOu69RH38AmsASDzlAR8Hr63xT6e8C1th7KRE_J0BAlTJVxURydig0rX7fX3g_weDxb6F5KfBsk1kqhG1JYvDL09Msf0tNxiwHMgpSAz0ywWdxRrtlRtUMaUoH9N08Npu3289L2DNpdkKqk3v7EwwxzUC7SnIpWKvZAL-06QORfbFtCYArExSpX4CIDtt29-_MMhdlC-n4E0R8cU3RWGvHk2KyGiX6U_MYt_YhJzDkXF-z9W322kIZR534ACwet6vhP_kal9Fwb91CDbrhwXiC99l1nB0CvyGtisZj0A7W33pELkljR04E1MQBn7m1N3iC8UoVKF3WwlWsK4GVwablipyuYPyTjeQrDyXMW_cTAGy9FsAJoSYdLTMyXxg4qSGrZcz2kHC32sxoHcxGg= 
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 
 
   Enquiries: 
 
   Will Fraser-Allen 
 
   Managing Partner, Albion Capital Group LLP 
 
   Investment Manager 
 
   Tel: 0207 601 1850 
 
   5 January 2021 
 
 
 
 
 
 

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