Albion Ven Cap Trust Issue Of Equity And Total Voting Rights

 
TIDMAAVC 
 
 
   Albion Venture Capital Trust PLC 
 
   Issue of Equity and Total Voting Rights 
 
   LEI CODE 213800JKELS32V2OK421 
 
   Albion Venture Capital Trust PLC (the "Company") announces that, further 
to the Dividend Reinvestment Scheme (details of which were set out in 
the Circular issued to shareholders on 10 July 2008), the Company 
allotted 396,334 Ordinary shares of 1 penny each (the "New Ordinary 
shares") in the capital of the Company on 31 July 2018. The New Ordinary 
shares were issued at a price of 73.5p per Ordinary share, comprising 
the most recent net asset value less the dividend of 2.5 pence per 
Ordinary share. 
 
   Of the 396,334 New Ordinary shares allotted on 31 July 2018, an 
application has been made to the UK Listing Authority for the admission 
of 132,988 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 August 2018. 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 
131,730 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 August 2018. The New Ordinary shares will rank pari passu in 
all respects with the existing Ordinary shares in issue. 
 
   A final application will be made to the UK Listing Authority for the 
131,616 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 15 August 2018. 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, the capital of the 
Company as at 31 July 2018 consists of 96,639,535 Ordinary shares of 
which 10,302,188 shares are held in treasury. 
 
   Therefore the total number of voting rights in the Company is 86,337,347 
which may be used by shareholders or 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 Guidance and Transparency Rules. 
 
   31 July 2018 
 
   For further information please contact: 
 
   Vikash Hansrani 
 
   Operations Partner 
 
   Albion Capital Group LLP 
 
   Tel: [phone] 
 
 
 
 

(END) Dow Jones Newswires

July 31, 2018 05:25 ET (09:25 GMT)

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