AAIG Albion. Vct

 
TIDMAAIG 
 
 
   Albion Income & Growth VCT PLC 
   ("Company") 
 
 
 
 
   General Meeting and Merger Result 
 
 
 
 
   15 November 2013 
 
   This announcement is made by Albion Income & Growth VCT PLC ("the 
Company") in connection with the merger of the Company with Albion 
Technology & General VCT PLC ("AATG") by way of a scheme of 
reconstruction of the Company pursuant to Section 110 of the Insolvency 
Act 1986 and the transfer by the Company of all of its assets and 
liabilities to AATG ("Scheme"), details of which were contained in 
AATG's prospectus ("the Prospectus") and the Company's circular to 
shareholders ("the Circular") both dated 10 October 2013. 
 
   The board is pleased to announce that at the general meeting of the 
Company held on 15 November 2013, the resolution to approve the Company 
being placed in liquidation, appoint the liquidators and cancel the 
listing of the Company's shares, as set out in the Circular, was duly 
passed on a show of hands and with 98.75% of proxy votes received being 
in favour (or at the chairman's discretion). 
 
 
 
   A copy of the resolution passed at the above meeting will shortly be 
available for inspection on both the Company's website 
(www.albion-ventures.co.uk) as well as at the National Storage Mechanism 
(www.morningstar.co.uk/uk/NSM). 
 
   Accordingly, by way of implementation of the Scheme, the Company has 
been placed into members' voluntary liquidation and the assets and 
liabilities of the Company transferred to AATG in consideration for the 
issue of new ordinary shares of 1 penny each ("AATG Shares"). The total 
number of AATG Shares issued to the Company's shareholders was 
33,664,049, at a deemed issue price of 83.38p per share (on a ratio of 
0.7813 AATG Shares for each share in the Company). 
 
   Application will shortly be made for all the AATG Shares issued pursuant 
to the Scheme to be admitted to the Official List and to trading on the 
main market of the London Stock Exchange. It is expected that admission 
will become effective and that trading will commence on 18 November 
2013. CREST accounts are also expected to be credited on 18 November 
2013. 
 
   As part of the Scheme, the suspension of the listing of the Company's 
shares took place at 7.30 a.m. today (15 November 2013) and the 
cancellation of the Company's shares will take place from the 
commencement of trading on 13 December 2013. 
 
   For further enquiries please contact: 
 
   Albion Ventures LLP 
 
   Patrick Reeve/Henry Stanford 
 
   Telephone: 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#1743603 
 
 
  http://www.closeventures.co.uk/ 
 

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