Kings Arms Yard Closure Of The Company's Offer Under The Albion Vcts Prospectus Top Up Offers 2020/2021 ("Albion Vct Offers")
February 26 2021 - 3:00AM
UK Regulatory
TIDMKAY
KINGS ARMS YARD VCT PLC
LEI CODE 213800DK8H27QY3J5R45
CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP
OFFERS 2020/2021 ("ALBION VCT OFFERS")
The Board of Kings Arms Yard VCT PLC (the "Company") is pleased to
announce that it has reached its GBP15 million limit (inclusive of the
GBP3 million over-allotment facility exercised) under its offer for
subscription pursuant to the Prospectus dated 5 January 2021 ("Offer"),
which as of today is fully subscribed and has now closed to further
applications.
Allotments in respect of valid applications received prior to the Offer
closing are expected to take place on 26 February 2021, for applications
in respect of the current tax year, and on 9 April 2021 for applications
in respect of the 2021/2022 tax year. Dealing in such shares is expected
to commence within 3 business days following allotment.
The Offers which constitute separate offers have all now been fully
subscribed and all have been closed to further applications. The total
amount raised across the Albion VCTs under the Offers is GBP58.5 million
gross.
Enquiries:
Will Fraser-Allen
Managing Partner
Albion Capital Group LLP
Tel: 0207 601 1850
26 February 2021
(END) Dow Jones Newswires
February 26, 2021 04:00 ET (09:00 GMT)
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