Albion Tech&Gen VCT Issue Of Equity And Total Voting Rights

 
TIDMAATG 
 
 
   The first allotment for the tax year 5 April 2015, of New Ordinary 
shares of nominal value 1 penny per share in Albion Technology & General 
VCT PLC (the "Company") under the Albion VCTs Prospectus Top Up Offers 
2014/2015 (the "Offers"), (which was launched on 17 November 2014) took 
place on 30 January 2015. 
 
   Pursuant to the Prospectus, the Company offered a 1% discount on issue 
costs to existing shareholders and 0.5% discount on issue costs to new 
subscribers. The cost of these discounts is being borne by the Manager, 
Albion Ventures LLP. The Company has received applications for 1,185,345 
New Ordinary shares at an issue price of 81.40 pence per share from 
existing shareholders and 565,178 New Ordinary shares at an issue price 
of 81.80 pence per share for new subscribers. The net proceeds for this 
allotment by the Company are approximately GBP1,396,000. 
 
   Application has been made to the Financial Conduct Authority for 
1,750,523 New Ordinary shares to be admitted to the Official List and to 
the London Stock Exchange for the New Ordinary shares to be admitted to 
trading on the London Stock Exchange's market for listed securities. The 
New Ordinary shares rank pari passu with the existing shares in issue. 
 
   The record date of the forthcoming dividend of 1.25 pence per share on 7 
February 2015 was 16 January 2015, and as a result, the New Ordinary 
shares will not qualify for this dividend. 
 
   It is expected that admission will become effective, and that dealings 
in the shares will commence on or before 8.00 a.m. on 4 February 2015. 
 
   The Offers constitute separate offers made by each of the Albion VCT's 
which are participating in it. The Offers will remain open until 30 
September 2015 unless they are fully subscribed before this date. 
 
   Following this allotment and in conformity with the provisions of DTR 
5.6, we would like to notify the market of the following: 
 
   The Company's capital as at 30 January 2015 consists of 85,733,829 
Ordinary shares with a nominal value of 1 penny each. The Company holds 
5,665,070 Ordinary shares in Treasury. 
 
   Therefore, the total number of voting rights in the Company is 
80,068,759, which may be used by shareholders 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 and Transparency Rules. 
 
   For further information, please contact: 
 
   Patrick Reeve 
 
   020 7601 1850 
 
   30 January 2015 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Albion Technology & General VCT PLC - Ordinary Shares via 
Globenewswire 
 
   HUG#1890800 
 
 
  http://www.closeventures.co.uk