Issue of Equity and Total Voting Rights

CROWN PLACE VCT PLC

The first allotment for the tax year 5 April 2016, of New Ordinary shares of nominal value 10 pence per share in Crown Place VCT PLC (the "Company") under the Albion VCTs Prospectus Top Up Offers 2015/2016 (the "Offers"), (which was launched on 17 November 2015) took place on 29 January 2016.

Pursuant to the Prospectus, the Company offered a 1% discount on issue costs to existing shareholders and 0.5% discount on issue costs to new subscribers. The cost of these discounts is being borne by the Manager, Albion Ventures LLP. The Company has received applications for 5,883,837 New Ordinary shares at an issue price of 31.00 pence per share from existing shareholders and 3,383,685 New Ordinary shares at an issue price of 31.10 pence per share for new subscribers. The net proceeds for this allotment by the Company are approximately £2,814,000.

Application has been made to the Financial Conduct Authority for 9,267,522 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. The New Ordinary shares rank pari passu with the existing shares in issue.

It is expected that admission will become effective, and that dealings in the shares will commence on or before 8.00 a.m. on 3 February 2016.

The Offers constitute separate offers made by each of the Albion VCT's which are participating in it. As at this closing on 29 January 2016, in total, the amount raised across the Albion VCTs under the Offers was £19,314,000 (of which £605,000 relates to tax year 2016/2017) and will remain open until 30 September 2016 unless fully subscribed before this date.

Following this allotment and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The Company's capital as at 29 January 2016 consists of 129,731,993 Ordinary shares with a nominal value of 10p each. The Company holds 11,595,410 Ordinary shares in Treasury.

Therefore, the total number of voting rights in the Company is 118,136,583, 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.

For further information, please contact:

Patrick Reeve
020 7601 1850

1 February 2016

---

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#1982565