Albion EnterpriseVCT Publication Of Prospectus
September 06 2017 - 3:27AM
UK Regulatory
TIDMAAEV
6 September 2017
Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology
& General VCT PLC, Albion Venture Capital Trust PLC, Crown Place VCT PLC
and Kings Arms Yard VCT PLC
Albion VCTs Prospectus Top Up Offers 2017/2018
Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology
& General VCT PLC, Albion Venture Capital Trust PLC, Crown Place VCT PLC
and Kings Arms Yard VCT PLC (together, "the Companies") announce that
they have published a Prospectus (comprising a Securities Note,
Registration Document and Summary) in relation to offers for
subscription for new Ordinary Shares in each of the Companies to raise,
in aggregate, up to GBP38 million (before issue costs) (the "Offers").
The Offers open on 6 September 2017 and are expected to close no later
than 24 August 2018 (unless fully subscribed by an earlier date or
previously closed).
Each of the Companies has entered into an offer agreement relating to
the Offers with the Companies' investment manager Albion Capital Group
LLP ("Albion"), pursuant to which Albion will receive a fee of 2.5 per
cent. of the gross proceeds of the Offers and out of which Albion will
pay the costs of the Offers, as detailed in the Prospectus. Albion is a
related party of each of the Companies under the Listing Rules, and
therefore entering into the offer agreement is a transaction to which
Listing Rule 11.1.10 applies.
A downloadable version of the Prospectus will be available from
www.albion.capital.
Copies of the Prospectus are available, free of charge, from the
Companies' registered office at 1 King's Arms Yard, London, EC2R 7AF.
In accordance with the Listing Rules, the Prospectus has been submitted
to the National Storage Mechanism and will shortly be available for
inspection at www.morningstar.co.uk/uk/NSM.
Enquiries:
For further information, please contact:
Patrick Reeve / Will Fraser-Allen
Albion Capital Group LLP
Telephone: 020 7601 1850
LEI No 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
September 06, 2017 03:27 ET (07:27 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Apr 2024 to May 2024
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From May 2023 to May 2024