Closure of the Company's offer
March 08 2024 - 7:38AM
UK Regulatory
Closure of the Company's offer
Crown Place VCT PLC
LEI Code
213800SYIQPA3L3T1Q68
Closure of the Company’s offer under the
Albion VCTs Prospectus Top Up Offers 2023/2024 (the
“Offers")
The Board of Crown Place VCT PLC (the "Company")
is pleased to announce that it has reached its £7.5 million limit
under its offer for subscription pursuant to the Prospectus issued
on 15 December 2023 ("Offer") by the Company and four of the other
Albion VCTs, which as of today is fully subscribed for the Company
and has now closed to further valid applications.
The allotments in respect of valid applications
received prior to the Offer closing are expected to take place on
22 March 2024, for applications in respect of the current tax year,
and on 26 April 2024 for applications 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 25 March
2024.
Albion Enterprise VCT PLC, Albion Technology
& General VCT PLC, Albion Development VCT PLC and Kings Arms
Yard VCT PLC remain open for valid applications.
The Albion VCT Offers opened on 2 January 2024
and are expected to close no later than 2.00 p.m. on 30 September
2024 (unless fully subscribed by an earlier date or previously
closed).
A downloadable version of the Prospectus is
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.
Terms used in this announcement have the same
meaning as defined in the Prospectus.
8 March 2024
Enquiries:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 0207 601 1850
Crown Place VCT Plc (LSE:CRNW)
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