REG-Issue of Equity and Total Voting Rights <Origin Href="QuoteRef">CRPL.L</Origin>

Albion Crown VCTAnnouncement

20/11/2017 15:30

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CROWN PLACE VCT PLC

LEI Code 213800SYIQPA3L3T1Q68

The first allotment for the tax year 5 April 2018, of New Ordinary shares of
nominal value 10 pence per share in Crown Place VCT PLC (the "Company") under
the Albion VCTs Prospectus Top Up Offers 2017/2018 (the "Offers"), (which was
launched on 6 September 2017) took place on 17 November 2017.

Pursuant to the Prospectus, the Company offered a 1% discount on issue costs
to existing shareholders and 0.5% discount on issue costs to new subscribers.
This early bird discount was available to investors whom subscribed for New
Shares for the first £10m by 2.00 p.m. on 31 October 2017 across the five
VCTs participating in the Offers. The cost of these discounts is being borne
by the Manager, Albion Capital Group LLP.

The Company has received applications for 4,335,689 New Ordinary shares at an
issue price of 31.2 pence per share from existing shareholders and 2,657,447
New Ordinary shares at an issue price of 31.4 pence per share for new
subscribers, both of which qualified for the early bird discount. A further
5,346,269 New Ordinary shares will be allotted at an issue price of 31.5 pence
per share. The net proceeds for this allotment by the Company are
approximately £3,792,000.

Application has been made to the Financial Conduct Authority for 12,339,405
New Ordinary shares to be admitted to the Official List and to the London
Stock Exchange for the New Ordinary shares to be admitted to trading on the
London Stock Exchange's market for listed securities. The New Ordinary shares
rank pari passu with the existing shares in issue.

The record date in respect of the dividend of 1 penny per share to be paid on
30 November 2017 was 3 November 2017, and as a result, the New Ordinary shares
would not qualify for this dividend.

It is expected that admission will become effective, and that dealings in the
shares will commence on or before 8.00 a.m. on 21 November 2017.

The Offers constitute separate offers made by each of the Albion VCT's which
are participating in it. As at this closing on 17 November 2017, in total, the
amount raised across the Albion VCTs under the Offers was £19,100,000 (of
which £369,000 relates to tax year 2018/2019) and will remain open until 24
August 2018 (unless fully subscribed before this date).

Following this allotment and in conformity with the provisions of DTR 5.6, we
would like to notify the market of the following:

The Company's capital as at 17 November 2017 consists of 174,450,383 Ordinary
shares with a nominal value of 10 pence each. The Company holds 15,971,410
Ordinary shares in Treasury.

Therefore, the total number of voting rights in the Company is 158,478,973
which may be used by shareholders and 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 and Transparency Rules.

For further information, please contact:

Patrick Reeve

020 7601 1850

20 November 2017
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: Crown Place VCT PLC via Globenewswire