Albion EnterpriseVCT Issue Of Equity And Total Voting Rights
February 28 2017 - 5:04AM
UK Regulatory
TIDMAAEV
Albion Enterprise VCT PLC
Issue of Equity and Total Voting Rights
Albion Enterprise VCT PLC (the "Company") announces that, further to the
Dividend Reinvestment Scheme (details of which were set out in the
Circular issued to shareholders on 26 November 2009), the Company
allotted 198,854 Ordinary shares of 1 penny each (the "New Ordinary
shares") in the capital of the Company on 28 February 2017. The New
Ordinary shares were issued at a price of 97.44p per Ordinary share,
comprising the most recent net asset value less the dividend of 2.5
pence per Ordinary share.
Of the 198,854 New Ordinary shares allotted on 28 February 2017, an
application has been made to the UK Listing Authority for the admission
of 101,279 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 March 2017. 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
97,575 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 March 2017. 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 28 February 2017 consists of 56,278,471 Ordinary shares of
which 6,256,443 shares are held in treasury.
Therefore the total number of voting rights in the Company is 50,022,028
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 and Transparency Rules.
For further information please contact:
Vikash Hansrani
Albion Ventures LLP
28 February 2017
Tel: 020 7601 1850
LEI Code 213800OVSRDHRJBMO720
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Albion Enterprise VCT PLC via Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
February 28, 2017 05:04 ET (10:04 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Jul 2023 to Jul 2024