Albion Dev VCT Closure Of The Company's Offer Under The Albion Vcts Prospectus Top Up Offers 2020/2021

 
TIDMAADV 
 
 
   ALBION DEVELOPMENT VCT PLC 
 
   LEI CODE 213800FDDMBD9QLHLB38 
 
   CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP 
OFFERS 2020/2021 ("ALBION VCT OFFERS") 
 
   The Board of Albion Development VCT PLC (the "Company") is pleased to 
announce that it has reached its GBP10 million limit (inclusive of the 
GBP3 million over-allotment facility exercised) under its offer for 
subscription pursuant to the Prospectus dated 5 January 2021 ("Offer"), 
which as of today is fully subscribed and has now closed to further 
applications. 
 
   Allotments in respect of valid applications received prior to the Offer 
closing are expected to take place on 26 February 2021, for applications 
in respect of the current tax year, and on 9 April 2021 for applications 
in respect of the 2021/2022 tax year. Dealing in such shares is expected 
to commence within 3 business days following allotment. 
 
   The offers in respect of the two companies still participating in the 
Albion VCT Offers remain open and valid applications for shares in the 
Company received subsequent to the Offer closing will be dealt with in 
accordance with prospective investors' instructions on their application 
forms. 
 
   Enquiries: 
 
   Will Fraser-Allen 
 
   Managing Partner 
 
   Albion Capital Group LLP 
 
   Tel: [phone] 
 
   11 February 2021 
 
 
 
 

(END) Dow Jones Newswires

February 11, 2021 04:42 ET (09:42 GMT)

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