Albion Inc&Gth VCT Issue Of Equity And Total Voting Rights
28/06/2013 11:24am
UK Regulatory
TIDMAAIG
Albion Income & Growth VCT PLC
Issue of Equity and Total Voting Rights
Albion Income & Growth VCT PLC (the "Company") announces that, further
to the Dividend Reinvestment Scheme introduced by the Company (details
of which were set out in the Circular issued to shareholders on 22
December 2008), on 28 June 2013 the Company allotted 98,939 Ordinary
shares of 1 penny each (the "New Ordinary shares") in the capital of the
Company. The New Ordinary shares were issued at a price of 64.85p,
comprising the net asset value at 31 March 2013 less the interim
dividend of 1.75 pence per Ordinary share to be paid on 28 June 2013.
Of the 98,939 New Ordinary shares allotted on 28 June 2013, an
application has been made to the UK Listing Authority for the admission
of 75,000 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 or
before 1 July 2013. The New Ordinary shares will rank pari passu in all
respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for the
23,939 remaining shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's main
market for listed securities. It is expected that dealings will commence
on or before 8 July 2013. 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, Albion Income & Growth
VCT PLC's capital as at 28 June 2013 consists of 48,397,093 Ordinary
shares of which 4,550,867 shares are held in Treasury.
Therefore the total number of voting rights in Albion Income & Growth
VCT PLC is 43,846,226, which may be used by shareholders 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, Albion Income & Growth VCT PLC under the FSA's Disclosure and
Transparency rules.
28 June 2013
For further information, please contact:
Isabel Dolan
Albion Ventures LLP
Tel: 020 7601 1850
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(i) the releases contained herein are protected by copyright and other
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(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#1712837
http://www.closeventures.co.uk/