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CRWN Crown Place Vct Plc

28.90
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Crown Place Vct Plc LSE:CRWN London Ordinary Share GB0002577434 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.90 28.40 29.40 28.90 28.90 28.90 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 4.78M 2.82M 0.0100 28.90 81.13M

Crown Place VCT PLC Issue Of Equity And Total Voting Rights

30/01/2015 6:49pm

UK Regulatory



 
TIDMCRWN 
 
 
   The first allotment for the tax year 5 April 2015, of New Ordinary 
shares of nominal value 10 pence per share in Crown Place 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 2,763,025 
New Ordinary shares at an issue price of 31.80 pence per share from 
existing shareholders and 1,451,111 New Ordinary shares at an issue 
price of 32.00 pence per share for new subscribers. The net proceeds for 
this allotment by the Company are approximately GBP1,314,000. 
 
   Application has been made to the Financial Conduct Authority for 
4,214,136 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. 
 
   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 105,751,688 
Ordinary shares with a nominal value of 10p each. The Company holds 
10,131,410 Ordinary shares in Treasury. 
 
   Therefore, the total number of voting rights in the Company is 
95,620,278, 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: Crown Place VCT PLC via Globenewswire 
 
   HUG#1890803 
 
 
  http://www.closeventures.co.uk 
 

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