Issue of Equity
24/06/2011 11:16am
UK Regulatory
TIDMKAY2
Not for release, publication or distribution (in whole or in part) in, into or
from any jurisdiction where to do so would constitute a violation of the
relevant laws of such jurisdiction.
For immediate release
24 June 2011
KINGS ARMS YARD VCT 2 PLC
Issue of Equity
Kings Arms Yard VCT 2 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 18 April 2011), the Company
today allotted 58,821 Ordinary shares of 1p each (the "New Ordinary shares") in
the capital of the Company. The New Ordinary shares were issued at a price of
22.60p, comprising the net asset value at 31 December 2010 less the dividend of
1.00 penny per Ordinary share.
Accordingly, application has been made to the UK Listing Authority for the
admission of the 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 27 June 2011. 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, Kings Arms Yard VCT 2 PLC's
capital as at 24 June 2011 consists of 77,367,856 ordinary shares.
Therefore the total number of voting rights in Kings Arms Yard VCT 2 PLC is
77,367,856 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, Kings Arms Yard VCT 2 PLC under
the FSA's Disclosure and Transparency rules.
Further information regarding the Company and its activities is available on the
Company's web page at www.albion-ventures.co.uk
or contact:
Isabel Dolan
Albion Ventures LLP - Corporate Company Secretary
Kings Arms Yard VCT 2 PLC
Tel: 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: Kings Arms Yard VCT 2 PLC via Thomson Reuters ONE
[HUG#1525940]