Albion Tech&Gen VCT Closure Of The Company's Offer
30 March 2022 - 2:00AM
UK Regulatory
TIDMAATG
Albion Technology & General VCT PLC
LEI Code 213800TKJUY376H3KN16
Closure of the Company's offer under the Albion VCTs Prospectus
Top Up Offers 2021/2022 ("Albion VCT Offers")
The Board of Albion Technology & General VCT PLC (the
"Company") is pleased to announce that it has reached its GBP24
million limit (inclusive of the GBP4 million over-allotment
facility exercised) under its offer for subscription pursuant to
the Prospectus issued on 6 January 2022 ("Offer") by the Company
and the other Albion VCTs, which as of today is fully subscribed
for the Company and has now closed to further valid
applications.
The next allotments in respect of valid applications received
prior to the Offer closing are expected to take place on 31 March
2022, for applications in respect of the current tax year, and on
13 April 2022 for applications in respect of the 2022/2023 tax
year. Dealing in such shares is expected to commence within 3
business days following allotment.
The Offers which constitute separate offers have all now been
fully subscribed and all have been closed to further applications.
The total amount raised across the Albion VCTs under the Offers is
GBP96.5 million gross.
A downloadable version of the Prospectus is available from
www.albion.capital. Copies of the Prospectus are available, free of
charge, from the Companies' registered office at 1 Benjamin Street,
London, EC1M 5QL.
Terms used in this announcement have the same meaning as defined
in the Prospectus.
Enquiries:
Will Fraser-Allen
Managing Partner, Albion Capital Group LLP
Investment Manager
Tel: 0207 601 1850
29 March 2022
(END) Dow Jones Newswires
March 29, 2022 11:00 ET (15:00 GMT)
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