Albion Tech&Gen VCT Update: Issue Of Equity And Total Voting Rights
07 July 2017 - 7:24PM
UK Regulatory
TIDMAATG
This is an update of the announcement from 09:52 30.06.2017 BST. Reason
for the update: The commencement date for dealings for the 69,867 shares
was corrected to 10 July 2017.
Albion Technology & General VCT PLC
Issue of Equity and Total Voting Rights
Albion Technology & General VCT PLC (the "Company") announces that,
further to the Dividend Reinvestment Scheme (details of which were set
out in the Circular issued to shareholders on 18 April 2008) the Company
allotted 200,714 Ordinary shares of 1 penny each (the "New Ordinary
shares") in the capital of the Company on 30 June 2017. The New Ordinary
shares were issued at a price of 71.1p per Ordinary share, comprising
the most recent net asset value less the dividend of 1 penny per
Ordinary share.
Of the 200,714 New Ordinary shares allotted on 30 June 2017, an
application has been made to the UK Listing Authority for the admission
of 130,847 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 or
before 3 July 2017. 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 the
69,867 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 or before 10 July 2017. 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 30 June 2017 consists of 109,439,903 Ordinary shares of
which 12,192,070 shares are held in treasury.
Therefore the total number of voting rights in the Company is 97,247,833
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 and Transparency Rules.
For further information please contact:
Vikash Hansrani
Albion Capital Group LLP
30 June 2017
Tel: 020 7601 1850
LEI Code 213800TKJUY376H3KN16
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Albion Technology & General VCT PLC - Ordinary Shares via
Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
July 07, 2017 05:24 ET (09:24 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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