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ALBION TECHNOLOGY & GENERAL VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800TKJUY376H3KN16
Albion Technology & General VCT PLC (the “Company”) announces that on 27
March 2026 it allotted 22,458,237 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 Crown 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 22,458,237 Offer Shares which
were allotted at an issue price of 72.90 pence per share. The total net
proceeds receivable by the Company for this allotment is approximately £15.9
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 450,346,003 ordinary
shares of 1 penny each (of which the Company holds 32,370,947 ordinary shares
in treasury).
Therefore, the total number of voting rights in the Company is 417,975,056,
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 DTRs.
For further information, please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Company Secretary
020 7601 1850
27 March 2026