Albion Ven Cap Trust Closure Of The Company's Offer Under The Albion Vcts Prospectus Top Up Offers 2018/19
March 05 2019 - 4:50AM
UK Regulatory
TIDMAAVC
Albion Venture Capital Trust PLC
LEI Code 213800JKELS32V2OK421
CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP
OFFERS 2018/19 ("Albion VCT Offers")
The Board of Albion Venture Capital Trust PLC (the "Company") is pleased
to announce that it has reached its GBP8 million limit under its offer
for subscription pursuant to the prospectus dated 7 January 2019
("Offer"), which is now fully subscribed and has closed to further
applications for subscription.
Allotments in respect of valid applications received prior to the Offer
closing to further applications are expected to take place on 1 April
2019, for applications in respect of the current tax year, and on 12
April 2019 for applications in respect of the 2019/2020 tax year.
Dealing in such shares will commence within 3 business days following
allotment.
The offers in respect of the remaining five companies participating in
the Albion VCT Offers remain open and valid applications for shares in
the Company received subsequent to the Offer closing will be dealt with
in accordance with prospective investors' instructions on their
application forms.
5 March 2019
Enquiries:
Will Fraser-Allen
Deputy Managing Partner, Albion Capital Group LLP
Tel: 0207 601 1850
(END) Dow Jones Newswires
March 05, 2019 05:50 ET (10:50 GMT)
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