Closure of the Company's Offer
30 March 2022 - 2:00AM
Closure of the Company's Offer
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
£24 million limit (inclusive of the £4 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 £96.5 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-AllenManaging Partner, Albion Capital
Group LLPInvestment ManagerTel: 0207 601 185029 March 2022
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