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

Albion Venture Capital TrustAnnouncement

01/02/2016 10:40

ALBION VENTURE CAPITAL TRUST PLC 
 
 The first allotment for the tax year 5 April 2016, of New Ordinary shares of
nominal value 1 penny per share in Albion Venture Capital Trust PLC (the
"Company") under the Albion VCTs Prospectus Top Up Offers 2015/2016 (the
"Offers"), (which was launched on 17 November 2015) took place on 29 January
2016. 
 
 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.
The cost of these discounts is being borne by the Manager, Albion Ventures
LLP. The Company has received applications for 3,531,675 New Ordinary shares
at an issue price of 71.6 pence per share from existing shareholders and
1,614,056 New Ordinary shares at an issue price of 72.0 pence per share for
new subscribers. The net proceeds for this allotment by the Company are
approximately £3,611,000. 
 
 Application has been made to the Financial Conduct Authority for 5,145,731
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. 
 
 It is expected that admission will become effective, and that dealings in the
shares will commence on or before 8.00 a.m. on 3 February 2016. 
 
 The Offers constitute separate offers made by each of the Albion VCT's which
are participating in it. As at this closing on 29 January 2016, in total, the
amount raised across the Albion VCTs under the Offers was £19,314,000 (of
which £605,000 relates to tax year 2016/2017) and will remain open until 30
September 2016 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 29 January 2016 consists of 83,267,250 Ordinary
shares with a nominal value of 1 penny each. The Company holds 6,699,440
Ordinary shares in Treasury. 
 
 Therefore, the total number of voting rights in the Company is 76,567,810,
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 and Transparency Rules. 
 
 For further information, please contact: 
 
 Patrick Reeve 
 020 7601 1850 
 
 1 February 2016 
 

 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX 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: Albion Venture Capital Trust PLC via Globenewswire 
 HUG#1982569