Albion Tech&Gen VCT Issue Of Equity And Total Voting Rights
30 October 2020 - 10:24PM
UK Regulatory
TIDMAATG
Albion Technology & General VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800TKJUY376H3KN16
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 2,197,279 Ordinary shares of 1 penny each (the "New Ordinary
shares") in the capital of the Company on 30 October 2020. The New
Ordinary shares were issued at a price of 68.85p per Ordinary share,
comprising the most recent net asset value less the dividend of 9 pence
per Ordinary share.
Accordingly, application has been made to the UK Listing Authority for
the admission of the 2,197,279 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 2 November 2020. 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 October 2020 consists of 130,367,547 Ordinary shares of
which 18,196,470 shares are held in treasury.
Therefore the total number of voting rights in the Company is
112,171,077 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
30 October 2020
Tel: 020 7601 1850
(END) Dow Jones Newswires
October 30, 2020 07:24 ET (11:24 GMT)
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