For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260327:nGNE55MpG3&default-theme=true
ALBION CROWN VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Albion Crown VCT PLC (the “Company”) announces that on 27 March 2026 it
allotted 55,919,574 ordinary shares of 1 penny each in respect of its offer
for subscription (“Offer Shares”) in relation to the 2025/26 tax year,
pursuant to the joint prospectus (the “Prospectus”) published by the
Company, Albion Enterprise VCT PLC and Albion Technology and General VCT PLC
(together the “Albion VCTs”) on 23 October 2025 in relation to the Albion
VCTs Prospectus Top Up Offers 2025/2026 (the “Offers”).
The Company has received valid applications for 55,919,574 Offer Shares which
were allotted at an issue price of 31.03 pence per share. The total net
proceeds receivable by the Company for this allotment is approximately £16.8
million, bringing net total raised under the prospectus to £29.1 million. The
issue pricing of the Offer Shares has been structured to avoid any capital
dilution to existing shareholders who do not participate in the Offers.
Application has been made to the London Stock Exchange for those Offer Shares
to be admitted to trading on the London Stock Exchange's market for listed
securities. It is expected that admission will become effective and that
dealings in the Offer Shares will commence on or around 30 March 2026. The
Offer Shares rank pari passu with the existing ordinary shares in issue.
The Offers which constitute separate offers have been fully subscribed and all
have been closed to further applications. The total gross amount raised across
the Albion VCTs under the Offers is £90 million.
Following this allotment and in conformity with the provisions of the FCA’s
Disclosure Guidance and Transparency Rules (the “DTRs”), the Company makes
the following notifications in connection with the issued share capital of the
Company:
The Company's capital as at 27 March 2026 consists of 527,182,365 ordinary
shares of 1 penny each and 129,894,552 ordinary C shares of 1 penny each. The
Company holds 45,787,992 ordinary shares in Treasury.
Therefore, the total number of voting rights in the Company is 481,394,373
ordinary shares and 129,894,552 ordinary C shares giving total voting rights
of 611,288,925. These figures 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 DTRs.
For further information, please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Company Secretary
020 7601 1850
27 March 2026