Albion Dev VCT Offer Update
January 04 2023 - 09:43AM
UK Regulatory
TIDMAADV
Offer Update
Albion Development VCT PLC (the "Company")
LEI Code 213800FDDMBD9QLHLB38
Albion VCTs Prospectus Top Up Offers 2022/2023
Following strong demand for the Company's shares under the
Albion VCTs Prospectus Top Up Offers 2022/23 (the "Offers"), (which
was launched on 10 October 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 10 October 2022 (the
"Prospectus").
Accordingly, the maximum amount that the Company can raise under
the Offers is increased from GBP8 million to GBP13 million (before
issue costs).
The Offers opened on 10 October 2022 and are expected to close
no later than 29 September 2023 (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
4 January 2023
(END) Dow Jones Newswires
January 04, 2023 09:43 ET (14:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Albion Development Vct (LSE:AADV)
Historical Stock Chart
From Feb 2024 to Mar 2024
Albion Development Vct (LSE:AADV)
Historical Stock Chart
From Mar 2023 to Mar 2024