Issue of Equity and Total Voting Rights

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 introduced by the Company (details of which were set out in the Circular issued to shareholders on 26 February 2009), on the 31 March 2014 the company allotted 294,674 Ordinary shares of 10p each (the "New Ordinary shares") in the capital of the Company. The New Ordinary shares were issued at a price of 30.91 pence per Ordinary share, comprising the net asset value at 31 December 2013 less the dividend of 1.25 pence per Ordinary share. 

Of the 294,674 New Ordinary shares allotted on 31 March 2014, an application has been made to the UK Listing Authority for the admission of 157,623 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 April 2014. 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 137,051 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 8 April 2014. 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 2014 consists of 95,018,523 Ordinary shares of which 8,794,410 Ordinary shares are held in treasury.

Therefore the total number of voting rights in the Company is 86,224,113 which may be used by shareholders 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 2014

For further information please contact:

Vikash Hansrani

Albion Ventures LLP
Company Secretary

Tel:  [phone]

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#1772875