Albion EnterpriseVCT Issue Of Equity And Total Voting Rights

 
TIDMAAEV 
 
 
   ALBION ENTERPRISE VCT PLC 
 
   The final allotment for the tax year 5 April 2017, of New Ordinary 
shares of nominal value 1 penny per share in Albion Enterprise VCT PLC 
(the "Company") under the Albion VCTs Prospectus Top Up Offers 2016/2017 
(the "Offers"), (which was launched on 29 November 2016) took place on 
28 March 2017. 
 
   The Company has received applications for 1,686,303 New Ordinary shares 
at an issue price of 100.5 pence per share. The net proceeds for this 
allotment by the Company are approximately GBP1,644,000. 
 
   Application has been made to the Financial Conduct Authority for 
1,686,303 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 Offers which constitute separate offers have been fully subscribed 
and all have been closed. The total amount raised across the Albion VCTs 
under the Offers is GBP34 million (of which GBP1,341,000 relates to tax 
year 2017/2018). 
 
   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 28 March 2017 consists of 57,964,774 
Ordinary shares with a nominal value of 1 penny each. The Company holds 
6,405,443 Ordinary shares in Treasury. 
 
 
 
   Therefore, the total number of voting rights in the Company is 
51,559,331 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 and Transparency Rules. 
 
   For further information, please contact: 
 
   Patrick Reeve 
 
   020 7601 1850 
 
   28 March 2017 
 
   LEI Code 213800OVSRDHRJBMO720 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq 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 Enterprise VCT PLC via Globenewswire 
 
 
  http://www.closeventures.co.uk 
 

(END) Dow Jones Newswires

March 28, 2017 04:25 ET (08:25 GMT)

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