Albion Ven Cap Trust Statement Regarding The Proposed Issue Of A Prospectus

 
TIDMAAVC 
 
 
   Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology 
& General VCT PLC, Albion Venture Capital Trust PLC, Crown Place VCT PLC 
and Kings Arms Yard VCT PLC 
 
   Statement regarding the proposed issue of a prospectus for the Albion 
VCTs Top Up Offers 2016/2017 
 
   The Board is pleased to announce that, subject to obtaining the 
requisite regulatory approval, it intends to launch a prospectus offer 
of new ordinary shares for subscription in the 2016/2017 and 2017/2018 
tax years (the "Offer").  The Offer will form part of top up offers for 
the six VCTs managed by Albion Ventures LLP seeking to raise, in 
aggregate, up to GBP24m. 
 
   Full details of the Offer will be contained in a prospectus that is 
expected to be published on or around 29 November 2016 and will be 
available on the Albion Ventures LLP website 
(www.albion-ventures.co.uk). The Offer is expected to close on 29 
September 2017 unless fully subscribed or closed earlier. 
 
   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 Venture Capital Trust PLC via Globenewswire 
 
 
  http://www.closeventures.co.uk 
 

(END) Dow Jones Newswires

November 04, 2016 10:10 ET (14:10 GMT)

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