Change of Allotment Date
February 24 2023 - 1:25PM
Change of Allotment Date
ALBION ENTERPRISE VCT PLC
CHANGE OF ALLOTMENT DATE
LEI Code
213800OVSRDHRJBMO720
On 10 October 2022 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”) announced that they
had 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 £50 million (before issue costs),
together with over-allotment facilities (the "Offers").
The Board announces that it has, under advice,
decided to delay the proposed date of the second allotment of
shares, originally scheduled for 24 February 2023, as set out in
the Prospectus in light of recent developments in the Albion
managed portfolio.
The anticipated date of the next allotment will
be 31 March 2023 for the 2022/2023 tax year and 14 April 2023 for
the 2023/2024 tax year.
The Offers for Crown Place VCT PLC, Albion
Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology
& General VCT PLC and Kings Arms Yard VCT PLC remain open for
valid applications. Albion Venture Capital Trust PLC announced on
21 February 2023 that it had reached its Offer limit and was closed
to further valid applications.
Enquiries:Vikash HansraniOperations Partner,
Albion Capital Group LLPTel: 0207 601 185024 February 2023
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