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AADV Albion Development Vct Plc

0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Albion Development Vct Plc LSE:AADV London Ordinary Share GB0004832472 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 85.00 83.50 86.50 85.00 85.00 85.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 558k -2.25M -0.0166 -51.20 115.27M

Closure of the Company's Offer

20/03/2024 9:07am

UK Regulatory

Albion Development Vct (LSE:AADV)
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Closure of the Company's Offer

Albion Development VCT PLC


Closure of the Company’s offer under the Albion VCTs Prospectus Top Up Offers 2023/2024 (the “Offers")

The Board of Albion Development VCT PLC (the "Company") is pleased to announce that it has now received applications reaching its £14.5 million limit. On the basis that such applications are all valid and accepted, the offer is now fully subscribed for the Company and has now closed to further valid applications.

The allotments in respect of valid applications received prior to the Offer closing are expected to take place on 22 March 2024, for applications in respect of the current tax year, and on 26 April 2024 for applications in respect of the 2024/2025 tax year.

Application for the shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s market for listed securities will be made and dealings are expected to commence on or around 25 March 2024.

Albion Enterprise VCT PLC remains open for valid applications.

The Albion VCT Offers opened on 2 January 2024 and are expected to close no later than 2.00 p.m. on 30 September 2024 (unless fully subscribed by an earlier date or previously closed).

A downloadable version of the Prospectus is available from Copies of the Prospectus are available, free of charge, from the Companies' registered office at 1 Benjamin Street, London, EC1M 5QL.

Terms used in this announcement have the same meaning as defined in the Prospectus.

20 March 2024

Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 0207 601 1850

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1 Year Albion Development Vct Chart

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