Kings Arms Yard Increase In Offer Amount

 
TIDMKAY 
 
 
   Kings Arms Yard VCT PLC 
 
   LEI code 213800DK8H27QY3J5R45 
 
   24 January 2017 
 
   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 ("the Companies") 
 
   Albion VCTs Prospectus Top Up Offers 2016/2017 
 
   In the light of strong demand for the Companies' shares under the Albion 
VCTs Prospectus Top Up Offers 2016/2017, which were launched on 29 
November 2016, the boards of Albion Enterprise VCT PLC, Albion 
Technology & General VCT PLC, Albion Venture Capital Trust PLC, Crown 
Place VCT PLC and Kings Arms Yard VCT PLC are pleased to announce that 
they have elected to exercise their respective over-allotment facilities 
referred to in the prospectus. Accordingly the maximum amount that may 
be raised by each of these five companies is increased from GBP4 million 
to GBP6 million (before issue costs). 
 
   The board of Albion Development VCT PLC has decided not to exercise its 
over allotment facility and, accordingly, the maximum amount that may be 
raised by Albion Development VCT PLC remains at GBP4 million and its 
offer is, therefore, expected to be the first to close. 
 
   The maximum aggregate amount that may be raised by the Companies has, 
therefore, increased from GBP24 million to GBP34 million (before issue 
costs). 
 
   Enquiries: 
 
   For further information, please contact: 
 
   Patrick Reeve / Will Fraser-Allen 
 
   Albion Ventures LLP 
 
   Telephone: 020 7601 1850 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Kings Arms Yard VCT PLC via Globenewswire 
 
 
  http://www.sparkventures.com

(END) Dow Jones Newswires

January 24, 2017 04:00 ET (09:00 GMT)

Kings Arms Yard Vct (LSE:KAY)
Historical Stock Chart
From Apr 2024 to May 2024