Albion EnterpriseVCT Closure Of The Company's Offer Under The Albion Vcts Prospectus Top Up Offers 2020/2021
06 February 2021 - 4:00AM
UK Regulatory
TIDMAAEV
ALBION ENTERPRISE VCT PLC
LEI CODE 213800OVSRDHRJBMO720
CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP
OFFERS 2020/2021 ("ALBION VCT OFFERS")
The Board of Albion Enterprise VCT PLC (the "Company") is pleased to
announce that it has reached its GBP9 million limit (inclusive of the
GBP3 million over-allotment facility exercised) under its offer for
subscription pursuant to the Prospectus dated 5 January 2021 ("Offer"),
which as of today is fully subscribed and has now closed to further
applications.
Allotments in respect of valid applications received prior to the Offer
closing are expected to take place on 26 February 2021, for applications
in respect of the current tax year, and on 9 April 2021 for applications
in respect of the 2021/2022 tax year. Dealing in such shares is expected
to commence within 3 business days following allotment.
The offers in respect of the four companies still participating in the
Albion VCT Offers remain open and valid applications for shares in the
Company received subsequent to the Offer closing will be dealt with in
accordance with prospective investors' instructions on their application
forms.
Enquiries:
Will Fraser-Allen
Managing Partner
Albion Capital Group LLP
Tel: 0207 601 1850
5 February 2021
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