Albion Dev VCT Share Buybacks
March 18 2020 - 2:00PM
UK Regulatory
TIDMAADV
Albion Development VCT PLC
LEI Code 213800FDDMBD9QLHLB38
Share Buybacks
The Board of Albion Development VCT PLC (the "Company") expects to
publish its Annual Report and Financial Statements for the year ended 31
December 2019 shortly. Given the uncertainty on valuations caused by the
Coronavirus outbreak and its impact on financial markets in recent days,
the Board has agreed to suspend the Company's buy back operation, with
immediate effect, until such time as the Company can provide an updated
valuation as at 31 March 2020 of the portfolio and the Company's Net
Asset Value.
The Board do not intend to resume the Company's buyback programme until
after the announcement of the 31 March 2020 unaudited Net Asset Value.
For further information, please contact:
Albion Capital Group LLP
Company Secretary
020 7601 1850
18 March 2020
(END) Dow Jones Newswires
March 18, 2020 14:00 ET (18:00 GMT)
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