Closure of the Company's Offer
March 24 2022 - 8:00AM
Closure of the Company's Offer
Albion Enterprise VCT PLC
LEI Code 213800OVSRDHRJBMO720
Closure of the Company’s offer under the Albion
VCTs Prospectus Top Up Offers 2021/2022 ("Albion VCT Offers")
The Board of Albion Enterprise VCT PLC (the
"Company") is pleased to announce that it has reached its £21.5
million limit (inclusive of £1.5 million of the Company’s
over-allotment facility exercised) under its offer for subscription
pursuant to the Prospectus issued on 6 January 2022 ("Offer") by
the Company and the other Albion VCTs, which as of today is fully
subscribed for the Company and has now closed to further valid
applications.
The next allotments in respect of valid
applications received prior to the Offer closing are expected to
take place on 31 March 2022, for applications in respect of the
current tax year, and on 13 April 2022 for applications in respect
of the 2022/2023 tax year. Dealing in such shares is expected to
commence within 3 business days following allotment.
Albion Technology & General VCT PLC remains
open for valid applications. As of 23 March 2022, the total amount
raised across the Albion VCTs under the Albion VCT Offers is £92
million.
The Albion VCT Offers opened on 6 January 2022
and are expected to close no later than 30 September 2022 (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-AllenManaging Partner,
Albion Capital Group LLPInvestment ManagerTel: 0207 601 185024
March 2022
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