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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Albion. Vct | LSE:AAIG | London | Ordinary Share | GB00B01YYK84 | 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% | 60.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAAIG Albion Income & Growth VCT PLC ("Company") General Meeting and Merger Result 15 November 2013 This announcement is made by Albion Income & Growth VCT PLC ("the Company") in connection with the merger of the Company with Albion Technology & General VCT PLC ("AATG") by way of a scheme of reconstruction of the Company pursuant to Section 110 of the Insolvency Act 1986 and the transfer by the Company of all of its assets and liabilities to AATG ("Scheme"), details of which were contained in AATG's prospectus ("the Prospectus") and the Company's circular to shareholders ("the Circular") both dated 10 October 2013. The board is pleased to announce that at the general meeting of the Company held on 15 November 2013, the resolution to approve the Company being placed in liquidation, appoint the liquidators and cancel the listing of the Company's shares, as set out in the Circular, was duly passed on a show of hands and with 98.75% of proxy votes received being in favour (or at the chairman's discretion). A copy of the resolution passed at the above meeting will shortly be available for inspection on both the Company's website (www.albion-ventures.co.uk) as well as at the National Storage Mechanism (www.morningstar.co.uk/uk/NSM). Accordingly, by way of implementation of the Scheme, the Company has been placed into members' voluntary liquidation and the assets and liabilities of the Company transferred to AATG in consideration for the issue of new ordinary shares of 1 penny each ("AATG Shares"). The total number of AATG Shares issued to the Company's shareholders was 33,664,049, at a deemed issue price of 83.38p per share (on a ratio of 0.7813 AATG Shares for each share in the Company). Application will shortly be made for all the AATG Shares issued pursuant to the Scheme to be admitted to the Official List and to trading on the main market of the London Stock Exchange. It is expected that admission will become effective and that trading will commence on 18 November 2013. CREST accounts are also expected to be credited on 18 November 2013. As part of the Scheme, the suspension of the listing of the Company's shares took place at 7.30 a.m. today (15 November 2013) and the cancellation of the Company's shares will take place from the commencement of trading on 13 December 2013. For further enquiries please contact: Albion Ventures LLP Patrick Reeve/Henry Stanford Telephone: 020 7601 1850 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Albion Income & Growth VCT PLC via Thomson Reuters ONE HUG#1743603 http://www.closeventures.co.uk/
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