Issue of Equity and Total Voting Rights and Capital
01 April 2022 - 8:45PM
Issue of Equity and Total Voting Rights and Capital
ALBION
ENTERPRISE VCT
PLC
Issue of Equity and Total Voting
Rights and Capital
LEI Code
213800OVSRDHRJBM0720
The second allotment for the 2021/2022 tax year
of new ordinary shares of nominal value 1 penny per share ("New
Shares") in Albion Enterprise VCT PLC (the “Company”) under the
Albion VCTs Prospectus Top Up Offers 2021/22 (the “Offers”), (which
was launched on 6 January 2022) took place on 31 March 2022.
The Company has received valid applications for
6,432,493 New Shares which will be allotted at an issue price of
133.0 pence per share. The net proceeds receivable by the Company
for this allotment is approximately £8.3 million, bringing net
total raised to date under the prospectus to £20.1 million. The
issue pricing of the New Shares has been calculated to avoid any
capital dilution to existing shareholders who do not participate in
the Offers.
Application has been made to the Financial
Conduct Authority for 6,432,493 New Shares to be admitted to the
Official List and to the London Stock Exchange for the New Shares
to be admitted to trading on the London Stock Exchange's market for
listed securities. The New Shares rank pari passu with the existing
ordinary shares in issue.
It is expected that admission to the Official
List will become effective and that dealings in the New Shares will
commence within three Business Days following allotment.
The Offers which constitute separate offers have
been fully subscribed and all have been closed to further
applications. The total amount raised across the Albion VCTs
under the Offers is £96.5 million (of which £91.8 million relates
to this tax year 2021/2022).
Following this allotment and in conformity with
the provisions of DTR 5.6, we make the following notifications in
connection with the issued share capital of the Company:
The Company's capital as at 31 March 2022
consists of 101,711,805 ordinary shares with a nominal value of 1
penny each. The Company holds 12,195,568 ordinary shares in
Treasury.
Therefore, the total number of voting rights in
the Company is 89,516,237, which may be used by shareholders and
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 HansraniOperations PartnerAlbion Capital
Group LLPCompany Secretary 020 7601 18501 April 2022
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Apr 2023 to Apr 2024