Crown Place VCT PLC Issue Of Equity And Total Voting Rights
March 31 2021 - 4:39AM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Crown Place 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 26 February 2009), the Company
allotted 976,922 Ordinary shares of nominal value 1 penny each (the "New
Ordinary shares") in the capital of the Company on the 31 March 2021.
The New Ordinary shares were issued at a price of 30.35 pence per
Ordinary share, comprising the most recent net asset value less the
dividend of 0.78 pence per Ordinary share.
Of the 976,922 New Ordinary shares allotted on 31 March 2021, an
application has been made to the UK Listing Authority for the admission
of 326,175 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 April 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
324,799 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 12 April 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 the
325,948 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 19 April 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 31 March 2021 consists of 250,890,071 Ordinary shares of
which 26,295,228 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is
224,594,843 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.
31 March 2021
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
(END) Dow Jones Newswires
March 31, 2021 05:39 ET (09:39 GMT)
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