Albion Ven Cap Trust Closure Of The Company's Offer Under The Albion Vcts Prospectus Top Up Offers 2018/19

 
TIDMAAVC 
 
 
   Albion Venture Capital Trust PLC 
 
   LEI Code 213800JKELS32V2OK421 
 
   CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP 
OFFERS 2018/19 ("Albion VCT Offers") 
 
   The Board of Albion Venture Capital Trust PLC (the "Company") is pleased 
to announce that it has reached its GBP8 million limit under its offer 
for subscription pursuant to the prospectus dated 7 January 2019 
("Offer"), which is now fully subscribed and has closed to further 
applications for subscription. 
 
   Allotments in respect of valid applications received prior to the Offer 
closing to further applications are expected to take place on 1 April 
2019, for applications in respect of the current tax year, and on 12 
April 2019 for applications in respect of the 2019/2020 tax year. 
Dealing in such shares will commence within 3 business days following 
allotment. 
 
   The offers in respect of the remaining five companies participating in 
the Albion VCT Offers remain open and valid applications for shares in 
the Company received subsequent to the Offer closing will be dealt with 
in accordance with prospective investors' instructions on their 
application forms. 
 
   5 March 2019 
 
   Enquiries: 
 
   Will Fraser-Allen 
 
   Deputy Managing Partner, Albion Capital Group LLP 
 
   Tel: [phone] 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 05, 2019 05:50 ET (10:50 GMT)

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