Albion Venture Capital Trust PLC
The final allotment for this tax year of New Ordinary Shares of nominal value
50 pence per share in Albion Venture Capital Trust PLC under the Albion VCTs
Linked Top Up Offer (which was launched on 1 November 2010) (the "Offer") took
place on 5 April 2011 at an issue price of 83.1 pence per New Ordinary Share.
Applications for 514,084 New Ordinary Shares in Albion Venture Capital Trust VCT
PLC were received.
The net proceeds of the Offer for this allotment are approximately £400,000
bringing the total to date for Albion Venture Capital Trust PLC to approximately
£1,653,000.
Application has been made to the Financial Services Authority for 514,084 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 Venture Capital Trust PLC's capital as at today consists of 38,286,265
Ordinary shares with a nominal value of 50p each. Albion Venture Capital Trust
PLC holds 2,043,273 shares in Treasury.
Therefore, the total number of voting rights in Albion Venture Capital Trust PLC
is 36,242,992 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 change to their interest in, Albion Venture Capital Trust 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 Venture Capital Trust PLC via Thomson Reuters ONE
[HUG#1503981]
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