Crown Place VCT PLC Issue Of Equity And Total Voting Rights
31 March 2017 - 7:51PM
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 767,434 Ordinary shares of nominal value 10p each (the "New
Ordinary shares") in the capital of the Company on the 31 March 2017.
The New Ordinary shares were issued at a price of 29.84 pence per
Ordinary share, comprising the most recent net asset value less the
dividend of 1 penny per Ordinary share.
Of the 767,434 New Ordinary shares allotted on 31 March 2017, an
application has been made to the UK Listing Authority for the admission
of 320,914 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 April 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
302,483 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 April 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
144,037 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 18 April 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 31 March 2017 consists of 161,546,629 Ordinary shares of
which 14,127,410 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is
147,419,219 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.
31 March 2017
For further information please contact:
Vikash Hansrani
Albion Ventures LLP
Company Secretary
Tel: 020 7601 1850
LEI Code 213800SYIQPA3L3T1Q68
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
March 31, 2017 04:51 ET (08:51 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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