Crown Place VCT PLC Issue Of Equity And Total Voting Rights
30 November 2016 - 8:44PM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
Issue of Equity and Total Voting Rights
Crown Place 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 26 February 2009), the Company
allotted 686,844 Ordinary shares of 10p each (the "New Ordinary shares")
in the capital of the Company on the 30 November 2016. The New Ordinary
shares were issued at a price of 29.70 pence per Ordinary share,
comprising the most recent net asset value less the dividend of 1 penny
per Ordinary share.
Of the 686,844 New Ordinary shares allotted on 30 November 2016, an
application has been made to the UK Listing Authority for the admission
of 304,103 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 1 December 2016. 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
235,951 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 7 December 2016. 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
146,790 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 14 December 2016. 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 November 2016 consists of 141,784,834 Ordinary shares
of which 13,391,410 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is
128,393,424 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.
30 November 2016
For further information please contact:
Vikash Hansrani
Albion Ventures LLP
Company Secretary
Tel: 020 7601 1850
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: Crown Place VCT PLC via Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
November 30, 2016 04:43 ET (09:43 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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