Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Kings Arms Yard Vct Plc LSE:KAY London Ordinary Share GB0007174294 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 20.10 19.60 20.60 20.10 20.10 20.10 108,333 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 1.8 1.0 0.3 59.1 76

Kings Arms Yard Publication Of Prospectus

05/01/2021 5:00pm

UK Regulatory (RNS & others)


 
TIDMKAY 
 
 
   Publication of Prospectus 
 
   LEI Code 213800DK8H27QY3J5R45 
 
   Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology 
& General VCT PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC 
 
   Albion VCTs Prospectus Top Up Offers 2020/2021 
 
   Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology 
& General VCT PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC 
(together, "the Companies") announce that they have published a 
Prospectus (comprising a Securities Note, Registration Document and 
Summary) in relation to offers for subscription for new Ordinary Shares 
in each of the Companies to raise, in aggregate, up to GBP45 million 
(before issue costs), together with over-allotment facilities as 
detailed below (the "Offers") as follows: 
 
 
 
 
                            Amount to be raised under  Over-allotment facility 
                                           each Offer 
-------------------------  --------------------------  ----------------------- 
Albion Development VCT                   GBP7 million             GBP3 million 
PLC Offer 
-------------------------  --------------------------  ----------------------- 
Albion Enterprise VCT PLC                GBP6 million             GBP3 million 
Offer 
-------------------------  --------------------------  ----------------------- 
Albion Technology &                     GBP14 million             GBP3 million 
General VCT PLC Offer 
-------------------------  --------------------------  ----------------------- 
Crown Place VCT PLC Offer                GBP6 million             GBP3 million 
-------------------------  --------------------------  ----------------------- 
Kings Arms Yard VCT PLC                 GBP12 million             GBP3 million 
Offer 
-------------------------  --------------------------  ----------------------- 
 
 
   Any election to make use of their over-allotment facility will be 
subject to the decision of the individual boards of the Companies in the 
light of investments and disposals made and anticipated by them at the 
relevant time. 
 
   The Offers open on 5 January 2021 and are expected to close no later 
than 30 September 2021 (unless fully subscribed by an earlier date or 
previously closed). 
 
   Each of the Companies has entered into an offer agreement relating to 
the Offers with the Companies' investment manager Albion Capital Group 
LLP ("Albion"), pursuant to which Albion will receive a fee of 2.5 per 
cent. of the gross proceeds of the Offers and out of which Albion will 
pay the costs of the Offers, as detailed in the Prospectus.  Albion is a 
related party of each of the Companies under the Listing Rules, and 
therefore entering into the offer agreement is a transaction to which 
Listing Rule 11.1.10 applies. 
 
   A downloadable version of the Prospectus will be available from 
https://www.globenewswire.com/Tracker?data=2FBK14DqitqqQ9eNodEwnO6MlxgiCudrzuIkKx3j3RGaSJV4O-6fX7VShYmT6bvupIcm-celAuNxica11LO3zZJDdSmrmBPTtjMx2MhDeGw= 
www.albion.capital. 
 
   Copies of the Prospectus are available, free of charge, from the 
Companies' registered office at 1 Benjamin Street, London, EC1M 5QL. 
 
   In accordance with the Listing Rules, the Prospectus has been submitted 
to the National Storage Mechanism and will shortly be available for 
inspection at. 
 
   https://www.globenewswire.com/Tracker?data=wN8PntZzLCwAHhZG_HW_OqpapNU92kFzzH6bqXvw6SJQIsLVlDuP9qnkqRwzooiOgsuO8Sv2UYaILbWaCVV7hfl29WWFxxVBm0Pe19LyhuCM_Xue-DFP_iHtDm3lswXmrpEQwmKLHWxRK3bNyWzXRzBZ16mTL-Nr_OnYaqYLbsB6AOYRiBYmumEvRCVDvkZSjIHT7T81yh462mZu_1A8G6JEEbkrhp7BcTwf78aQ0GUn3QCM-KQjsi1aq053I6FlR3TKhefq_R-NtaHDCTnokurBDT6RVyqyAKVehi1E3Jgu2D5N_HoutO-_31EhRaluaMnsmUd0G7HzHCHNJpThgxYPvV8jcJLvK3zmLfd5AcAqWTon77GgStYAnjF2OHt7zum0HmT4AMgDGb27yuPE5SlRjprAjlLPaOpMfXj-mz6ie3Aqk3fC5h_5WdC67Y39eVkp3GJKTZFph6IcvyJ5pXu8t1lbxLOHqKk5RnO0yKNRb31127hY9_-BCZJgp_i_mYX34AD5Y_Q9wsryuaYtu4qEEEMjuce8aMEWNRGyd697l-NBLrT5wSyJC5atc8qNOm0f_YOoxFJfIAzc7X1pZxj-SlM0jDMPhpWv0S1Hztsdb9HCAg8qTRuQWtVHfBITAYsf93SxC1Jq5Qiu93v5k8FXOHGcqB6VIPjcRdEHucY= 
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 
 
   Enquiries: 
 
   Will Fraser-Allen 
 
   Managing Partner, Albion Capital Group LLP 
 
   Investment Manager 
 
   Tel: 0207 601 1850 
 
   5 January 2021 
 
 
 
 
 
 

(END) Dow Jones Newswires

January 05, 2021 12:00 ET (17:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Kings Arms Yard Vct Chart

1 Year Kings Arms Yard Vct Chart

1 Month Kings Arms Yard Vct Chart

1 Month Kings Arms Yard Vct Chart
ADVFN Advertorial
Your Recent History
LSE
KAY
Kings Arms..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210228 04:54:18