AAIG Albion. Vct

 
TIDMAAIG 
 
Albion Ventures 
FOR IMMEDIATE RELEASE 
6 December 2012 
                         Albion Income & Growth VCT PLC 
 
                         Disposal of cinema investments 
 
The Board is pleased to announce the successful sale of its three cinema 
investments, realising net proceeds of  GBP2,100,000, compared to book value of 
 GBP2,043,000 at 30 September 2012, adjusted for loan stock repaid subsequent to 
that date, and cost of  GBP1,017,000. 
 
The three cinema investments comprised CS (Brixton) Limited, CS (Exeter) Limited 
and CS (Norwich) Limited and were sold today as part of the sale of the City 
Screen group to Cineworld Group plc. 
 
As a result of the sale, Albion Income & Growth VCT PLC has, since its original 
investment in 2005, received a return of approximately 2.5x its investment 
including loan stock interest and other income and loan stock repayments 
received. 
 
ENDS 
For further enquiries, please contact: 
 
Henry Stanford 
Partner, Albion Ventures LLP 
020 7601 1850 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Albion Income & Growth VCT PLC via Thomson Reuters ONE 
[HUG#1663188] 
 

Albion. Vct (LSE:AAIG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Albion. Vct (LSE:AAIG)
Historical Stock Chart
From Jul 2023 to Jul 2024