Albion EnterpriseVCT Albion Enterprise Vct Plc : Issue Of Equity And Total Voting Rights

 
TIDMAAEV 
 
 
   ALBION ENTERPRISE VCT PLC 
 
   LEI Code 213800OVSRDHRJBMO720 
 
   The second allotment for the tax year 5 April 2018, of new ordinary 
shares of nominal value 1 penny per share in Albion Enterprise VCT PLC 
(the "Company") under the Albion VCTs Prospectus Top Up Offers 2017/18 
(the "Offers"), (which was launched on 6 September 2017) took place on 
31 January 2018. 
 
   The Company has received applications for 1,374,981 new ordinary shares 
at an issue price of 104.3 pence per share. The net proceeds for this 
allotment by the Company are approximately GBP1,398,000, bringing net 
total raised to date under the prospectus to GBP5,071,000. 
 
   Application has been made to the Financial Conduct Authority for 
1,374,981 new ordinary shares to be admitted to the Official List and to 
the London Stock Exchange for the new ordinary shares to be admitted to 
trading on the London Stock Exchange's market for listed securities. The 
new ordinary shares rank pari passu with the existing shares in issue. 
 
   It is expected that admission will become effective, and that dealings 
in the shares will commence on or before 8.00 a.m. on 2 February 2018. 
 
   The Offers constitute separate offers made by each of the Albion VCT's 
which are participating in it. As at this closing on 31 January 2018, in 
total, the amount raised across the Albion VCTs under the Offers was 
GBP26.3m (of which GBP695,000 relates to tax year 2018/2019) and will 
remain open until 24 August 2018 (unless fully subscribed before this 
date). 
 
   Following this allotment and in conformity with the provisions of DTR 
5.6, we would like to notify the market of the following: 
 
   The Company's capital as at 31 January 2018 consists of 63,574,899 
ordinary shares with a nominal value of 1 penny each. The Company holds 
6,883,443 ordinary shares in treasury. 
 
   Therefore, the total number of voting rights in the Company is 
56,691,456, which may be used by shareholders and 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 and Transparency Rules. 
 
   For further information, please contact: 
 
   Albion Capital Group LLP 
 
   Company Secretary 
 
   020 7601 1850 
 
   31 January 2018 
 
   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 Enterprise VCT PLC via Globenewswire 
 
 
  http://www.closeventures.co.uk 
 

(END) Dow Jones Newswires

January 31, 2018 13:53 ET (18:53 GMT)

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