Albion Dev VCT Issue Of Equity And Total Voting Rights

 
TIDMAADV 
 
 
   Albion Development VCT PLC 
 
   Issue of Equity and Total Voting Rights 
 
   LEI Code 213800FDDMBD9QLHLB38 
 
   Albion Development VCT PLC (the "Company") announces that, further to 
the Dividend Reinvestment Scheme (details of which were set out in the 
Circular issued to shareholders August 2008), the Company allotted 
401,094 Ordinary shares of 1 penny each (the "new ordinary shares") in 
the capital of the Company on 30 September 2020. The new ordinary shares 
were issued at a price of 77.31 pence per ordinary share, comprising the 
most recent net asset value less the dividend of 1.99 pence per ordinary 
share. 
 
   Accordingly, application has been made to the UK Listing Authority for 
the admission of the 401,094 new ordinary shares to the Official List of 
the UK Listing Authority and to trading on the London Stock Exchange's 
main market for listed securities and it is expected that dealings will 
commence on 1 October 2020. The new ordinary shares will rank pari passu 
in all respects with the existing ordinary shares in issue. 
 
   Following the issue of the new ordinary shares, the capital of the 
Company as at 30 September 2020 consists of 103,974,504 ordinary shares 
of which 11,318,992 shares are held in treasury. 
 
   Therefore, the total number of voting rights in the Company is 
92,655,512 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 Guidance and Transparency 
Rules. 
 
   For further information please contact: 
 
   Vikash Hansrani 
 
   Operations Partner 
 
   Albion Capital Group LLP 
 
   30 September 2020 
 
   Tel: [phone] 
 
 
 
 

(END) Dow Jones Newswires

September 30, 2020 05:16 ET (09:16 GMT)

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