AAVC Albion Venture Capital Trust Plc

 
TIDMAAVC 
 
 
   Albion Venture Capital Trust PLC 
 
   Issue of Equity and Total Voting Rights 
 
   LEI CODE 213800JKELS32V2OK421 
 
   Albion Venture Capital Trust PLC (the "Company") announces that, further 
to the Dividend Reinvestment Scheme (details of which were set out in 
the Circular issued to shareholders on 10 July 2008), the Company 
allotted 329,463 ordinary shares of 1 penny each (the "new ordinary 
shares") in the capital of the Company on 29 January 2021. The new 
ordinary shares were issued at a price of 67.85p per ordinary share, 
comprising the most recent net asset value less the dividend of 1.74 
pence per ordinary share. 
 
   Of the 329,463 New Ordinary shares allotted on 29 January 2021, an 
application has been made to the UK Listing Authority for the admission 
of 145,383 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 or 
before 1 February 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 
143,903 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 or 
before 8 February 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 
40,177 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 or before 15 February 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 29 January 2021 consists of 116,549,525 ordinary shares of 
which 15,909,264 shares are held in treasury. 
 
   Therefore the total number of voting rights in the Company is 
100,640,261 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. 
 
   29 January 2021 
 
   For further information please contact: 
 
   Vikash Hansrani 
 
   Operations Partner 
 
   Albion Capital Group LLP 
 
   Tel: 020 7601 1850 
 
 
 
 

(END) Dow Jones Newswires

January 29, 2021 05:09 ET (10:09 GMT)

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