Albion Ven Cap Trust Offer Update

 
TIDMAAVC 
 
 
   12 September 2017 
 
   Albion Venture Capital Trust PLC 
 
   Albion Venture Capital Trust PLC Prospectus Top Up Offer 2017/2018 
 
   Albion Venture Capital Trust PLC, which invests solely in asset-based 
businesses, has decided to suspend its offer until it is clearer as to 
what categories of investment by VCTs will be permitted in the future. 
 
   This decision was made in light of ongoing discussions in respect of 
investment in asset-based businesses following publication in August 
2017 by HM Treasury of the consultation document 'Financing growth in 
innovative firms'. 
 
   It is anticipated that changes arising out of the consultation are 
likely to be made in the Autumn Budget, which is expected in late 
November or early December. 
 
   The Prospectus Top Up Offers for the other five Albion VCTs, which have 
a broader investment policy to include growth and technology companies, 
remain open. 
 
   Enquiries: 
 
   For further information, please contact: 
 
   Roland Cross 
 
   Four Broadgate 
 
   0203 697 4200 
 
   0783 140 1309 
 
   LEI No 213800JKELS32V2OK421 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Albion Venture Capital Trust PLC via Globenewswire 
 
 
  http://www.closeventures.co.uk 
 

(END) Dow Jones Newswires

September 12, 2017 03:34 ET (07:34 GMT)

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