News Insights

Albion Enterprise VCT Plc has announced a significant update regarding its fundraising activities. Following a robust demand for shares, the company has opted to utilize its £10 million overallotment facility as outlined in its 2024/2025 Prospectus. This decision effectively doubles the maximum fundraising potential from £10 million to £20 million. The offer, which commenced on January 6, 2025, is anticipated to close by April 4, 2025, unless oversubscribed before that date.

Additionally, in a regulatory update, Albion Enterprise VCT provided insights into its total voting rights and issued share capital as of December 31, 2024. The company has issued 242,629,261 ordinary shares, with 18,185,333 held in treasury, resulting in 224,443,928 shares with voting rights. This transparency in capital structure allows stakeholders to accurately assess their interests in the company.