Albion Dev VCT Offer Update
March 03 2022 - 12:18PM
UK Regulatory
TIDMAADV
Offer Update
Albion Development VCT PLC (the "Company")
LEI Code 213800FDDMBD9QLHLB38
Albion VCTs Prospectus Top Up Offers 2021/2022
Following strong demand for the Company's shares under the
Albion VCTs Prospectus Top Up Offers 2021/2022 (the "Offers"),
which opened on 6 January 2022, the Board is pleased to announce
that it has elected to exercise the Company's over-allotment
facility referred to in the prospectus issued by the Company (and
the other Albion VCTs named therein) on 6 January 2022 (the
"Prospectus").
Accordingly, the maximum amount that the Company can raise under
the Offers is increased from GBP15 million to GBP21 million (before
issue costs).
The Offers opened on 6 January 2022 and are expected to close no
later than 30 September 2022 (unless fully subscribed by an earlier
date or previously closed).
A downloadable version of the Prospectus is available from
www.albion.capital. Copies of the Prospectus are available, free of
charge, from the Companies' registered office at 1 Benjamin Street,
London, EC1M 5QL.
Terms used in this announcement have the same meaning as defined
in the Prospectus.
Enquiries:
Will Fraser-Allen
Managing Partner, Albion Capital Group LLP
Investment Manager
Tel: 0207 601 1850
3 March 2022
(END) Dow Jones Newswires
March 03, 2022 12:18 ET (17:18 GMT)
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