Albion Dev VCT Issue Of Equity And Total Voting Rights
31 May 2019 - 7:10PM
UK Regulatory
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
376,536 Ordinary shares of 1 penny each (the "new ordinary shares") in
the capital of the Company on 31 May 2019. The new ordinary shares were
issued at a price of 83.91 pence per ordinary share, comprising the most
recent net asset value less the dividend of 2.25 pence per ordinary
share.
Accordingly, application has been made to the UK Listing Authority for
the admission of the 376,536 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 3 June 2019. 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 31 May 2019 consists of 93,449,963 ordinary shares of
which 9,565,156 shares are held in treasury.
Therefore the total number of voting rights in the Company is 83,884,807
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
31 May 2019
Tel: 020 7601 1850
(END) Dow Jones Newswires
May 31, 2019 05:10 ET (09:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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