Albion Dev VCT Issue Of Equity And Total Voting Rights

 
TIDMAADV 
 
 
   Albion Development VCT PLC 
 
   Issue of Equity and Total Voting Rights 
 
   LEI Code 213800FDDMBD9QLHLB38 
 
   Albion Development VCT PLC (the "Company") announces that, further to 
the Dividend Reinvestment Scheme (details of which were set out in the 
Circular issued to shareholders December 2011), the Company allotted 
467,957 Ordinary shares of 1 penny each (the "new ordinary shares") in 
the capital of the Company on 29 May 2020. The new ordinary shares were 
issued at a price of 75.41 pence per ordinary share, comprising the most 
recent net asset value less the dividend of 2.25 pence per ordinary 
share. 
 
   Accordingly, application has been made to the UK Listing Authority for 
the admission of the 467,957 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 1 June 2020. 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, the capital of the 
Company as at 29 May 2020 consists of 103,573,410 ordinary shares of 
which 10,820,276 shares are held in treasury. 
 
   Therefore, the total number of voting rights in the Company is 
92,753,134 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 Guidance and Transparency 
Rules. 
 
   For further information please contact: 
 
   Vikash Hansrani 
 
   Operations Partner 
 
   Albion Capital Group LLP 
 
   29 May 2020 
 
   Tel: 020 7601 1850

(END) Dow Jones Newswires

May 29, 2020 06:02 ET (10:02 GMT)

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