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 Statement Regarding The Proposed Issue Of A Prospectus

23/11/2020 2:16pm

UK Regulatory (RNS & others)

   Statement regarding the proposed issue of a 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 
(together "The Companies") 
   Statement regarding the proposed issue of a prospectus for the Albion 
VCTs Prospectus Top Up Offers 
   The Companies are pleased to announce that, subject to obtaining the 
requisite regulatory approval, the Companies intend to launch prospectus 
top up offers of new ordinary shares for subscription in the 2020/2021 
and 2021/2022 tax years (the "Offers"). 
   The current intention is for the Companies, in aggregate, to raise up to 
GBP45 million, with an over-allotment facility of a further GBP3 million 
for each of the Companies, before issue costs 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 
-------------------------  --------------------------  ----------------------- 
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 
-------------------------  --------------------------  ----------------------- 
   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. 
   Full details of the Offers will be contained in a prospectus that is 
expected to be published in early January 2021 and will be available on 
the Albion Capital website ( 
   Will Fraser-Allen 
   Managing Partner, Albion Capital 
   Investment Manager 
   Tel: 0207 601 1850 
   23 November 2020 

(END) Dow Jones Newswires

November 23, 2020 09:16 ET (14:16 GMT)

Copyright (c) 2020 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
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 04:24:35