AADV Albion Development Vct Plc

 
TIDMAADV 
 
 
   Albion Development VCT PLC 
 
   Issue of Equity and Total Voting Rights 
 
   LEI Code 213800FDDMBD9QLHLB38 
 
   Albion Development VCT PLC (the "Company") announces that, further to 
the Dividend Reinvestment Scheme (details of which were set out in the 
Circular issued to shareholders December 2011), the Company allotted 
316,891 Ordinary shares of 1 penny each (the "new ordinary shares") in 
the capital of the Company on 28 September 2018. The new ordinary shares 
were issued at a price of 78.9 pence per ordinary share, comprising the 
most recent net asset value less the dividend of 2.0 pence per ordinary 
share. 
 
   Of the 316,891 new ordinary shares allotted on 28 September 2018, an 
application has been made to the UK Listing Authority for the admission 
of 124,061 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 1 
October 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 
123,285 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 8 
October 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 
69,545 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 15 October 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 28 September 2018 consists of 83,860,469 ordinary shares 
of which 8,518,700 ordinary shares are held in treasury. 
 
   Therefore the total number of voting rights in the Company is 75,341,769 
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. 
 
   For further information, please contact: 
 
   Vikash Hansrani 
 
   Operations Partner 
 
   Albion Capital Group LLP 
 
   28 September 2018 
 
   Tel: 020 7601 1850 
 
 
 
 

(END) Dow Jones Newswires

September 28, 2018 05:20 ET (09:20 GMT)

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