Albion Enterprise VCT PLC
The final allotment for this tax year of New Ordinary Shares of nominal value
50 pence per share in Albion Enterprise VCT PLC under the Albion VCTs Linked Top
Up Offer (which was launched on 1 November 2010) took place on 5 April 2011 at
an issue price of 90.7 pence per New Ordinary Share.
Applications for 470,928 New Ordinary Shares in Albion Enterprise VCT PLC were
received.
The net proceeds of the Offer for this allotment are approximately £400,000
bringing the total to date for Albion Enterprise VCT PLC to approximately
£1,653,000.
Application has been made to the Financial Services Authority for 470,928 New
Ordinary Shares to be admitted to the Official List and to the London Stock
Exchange for the New Ordinary Shares to be admitted to trading on the London
Stock Exchange's market for listed securities.
It is expected that Admission will become effective, and that dealings in the
shares will commence on or before, 8.00 a.m. on 12 April 2011.
As at this third closing of the Albion VCTs Linked Top Up Offer on 5 April
2011, the total raised under the Offer was £11.54m (including amounts
reinvested).
Following this allotment and in conformity with the Transparency Directive's
transitional provision 6, we would like to notify the market of the following:
Albion Enterprise VCT PLC's capital as at 6 April 2011 consists of 32,344,175
Ordinary shares and 274,010 shares in Treasury.
Therefore the total number of voting rights in Albion Enterprise VCT PLC is
32,070,165 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, Albion Enterprise VCT PLC under
the FSA's Disclosure and Transparency rules.
For further information, please contact:
Patrick Reeve 020 7601 1850
Albion Ventures LLP
6 April 2011
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Albion Enterprise VCT PLC via Thomson Reuters ONE
[HUG#1503972]
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