Albion Technology & General VCT PLC
The final allotment for the Albion VCTs Linked Top Up Offer (the 'Offer') took
place on 16 May 2011. The Offer is now closed. The total raised under the Offer
across seven funds managed by Albion Ventures LLP was £11.78m.
The allotment on 16 May 2011 is in respect of the tax year ended 5 April 2012.
New Ordinary Shares of nominal value 50 pence per share in Albion Technology &
General VCT PLC were issued under the Offer (which was launched on 1 November
2010) on 16 May 2011 at an issue price of 91.1 pence per New Ordinary Share.
Applications for 39,825 New Ordinary Shares in Albion Technology & General VCT
PLC were received.
The net proceeds of the Offer for this allotment are approximately £34,000
bringing the total to date for Albion Technology & General VCT PLC to
approximately £1.65m.
Application has been made to the Financial Services Authority for 39,825 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 25 May 2011.
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 Technology & General VCT PLC's capital as at 16 May 2011 consists of
43,618,301 Ordinary shares with a nominal value of 50p each. Albion Technology
& General VCT PLC holds 3,166,372 Ordinary shares in Treasury.
Therefore, the total number of voting rights in Albion Technology & General VCT
PLC is 40,451,929, 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 Technology & General VCT
PLC under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Patrick Reeve 020 7601 1850
Albion Ventures LLP
17 May 2011
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Albion Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE
[HUG#1516645]
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