Albion Dev VCT Allotment Update

 
TIDMAADV 
 
 
   Allotment Update 
 
   Albion Development VCT PLC 
 
   LEI Code 213800FDDMBD9QLHLB38 
 
   The first allotment for the 2020/2021 tax year of new ordinary shares of 
nominal value 1 penny per share in Albion Development VCT PLC (the 
"Company") under the Albion VCTs Prospectus Top Up Offers 2019/20 (the 
"Offers"), (which was launched on 22 October 2019) was due to take place 
on 8 April 2020. 
 
   The Board, having considered the current Coronavirus outbreak and the 
impact it could have on the trading performance of some of the 
underlying portfolio companies, intend to delay the allotment date to 30 
April 2020. This will allow the time to critically review the portfolio 
to ensure that the issue price reflects the valuations of the underlying 
portfolio. 
 
   The Offers which constitute separate offers have been fully subscribed 
and all have been closed to further applications. 
 
   For further information, please contact: 
 
   Albion Capital Group LLP 
 
   Company Secretary 
 
   020 7601 1850 
 
   18 March 2020 
 
 
 
 

(END) Dow Jones Newswires

March 18, 2020 10:30 ET (14:30 GMT)

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