Information  X 
Enter a valid email address

Albion Inc&Gth VCT (AAIG)

  Print      Mail a friend

Friday 28 June, 2013

Albion Inc&Gth VCT

Issue of Equity and Total Voting Rights

Issue of Equity and Total Voting Rights

Albion Income & Growth VCT PLC

Issue of Equity and Total Voting Rights

Albion Income & Growth 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 22 December 2008), on 28 June 2013 the Company allotted 98,939 Ordinary shares of 1 penny each (the "New Ordinary shares") in the capital of the Company. The New Ordinary shares were issued at a price of 64.85p, comprising the net asset value at 31 March 2013 less the interim dividend of 1.75 pence per Ordinary share to be paid on 28 June 2013. 

Of the 98,939 New Ordinary shares allotted on 28 June 2013, an application has been made to the UK Listing Authority for the admission of 75,000 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 July 2013. 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 23,939 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 July 2013. 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, Albion Income & Growth VCT PLC's capital as at 28 June 2013 consists of 48,397,093 Ordinary shares of which 4,550,867 shares are held in Treasury.

Therefore the total number of voting rights in Albion Income & Growth VCT PLC is 43,846,226, 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 Income & Growth VCT PLC under the FSA's Disclosure and Transparency rules.

28 June 2013

For further information, please contact:

Isabel Dolan
Albion Ventures LLP
Tel:      020 7601 1850




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 Income & Growth VCT PLC via Thomson Reuters ONE

HUG#1712837

a d v e r t i s e m e n t