Crown Place VCT PLC Issue Of Equity And Total Voting Rights
November 30 2020 - 7:46AM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Crown Place VCT PLC (the "Company") announces that, further to the
Dividend Reinvestment Scheme (details of which were set out in the
circular issued to shareholders on 26 February 2009), the Company
allotted 877,066 Ordinary shares of nominal value 1 penny each (the "New
Ordinary shares") in the capital of the Company on the 30 November 2020.
The New Ordinary shares were issued at a price of 30.51 pence per
Ordinary share, comprising the most recent net asset value less the
dividend of 0.83 pence per Ordinary share.
Of the 877,066 New Ordinary shares allotted on 30 November 2020, an
application has been made to the UK Listing Authority for the admission
of 322,663 New Ordinary shares to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities and it is expected that dealings will commence on or
before 1 December 2020. The New Ordinary shares will rank pari passu in
all respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for
326,203 shares to be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities. It is expected that dealings will commence on or
before 7 December 2020. The New Ordinary shares will rank pari passu in
all respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for the
228,200 remaining shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's main
market for listed securities. It is expected that dealings will commence
on or before 14 December 2020. The New Ordinary shares will rank pari
passu in all respects with the existing Ordinary shares in issue.
Following the issue of the New Ordinary shares, the capital of the
Company as at 30 November 2020 consists of 222,945,670 Ordinary shares
of which 24,453,658 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is
198,492,012 which may be used by shareholders or other persons as the
denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure Guidance and Transparency
Rules.
30 November 2020
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
(END) Dow Jones Newswires
November 30, 2020 07:46 ET (12:46 GMT)
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