Albion EnterpriseVCT Change Of Allotment Date
24 Febbraio 2023 - 7:25PM
UK Regulatory
TIDMAAEV
ALBION ENTERPRISE VCT PLC
CHANGE OF ALLOTMENT DATE
LEI Code 213800OVSRDHRJBMO720
On 10 October 2022 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
(together "the Companies") announced that they had published a
Prospectus (comprising a Securities Note, Registration Document and
Summary) in relation to offers for subscription for new Ordinary
Shares in each of the Companies to raise, in aggregate, up to GBP50
million (before issue costs), together with over-allotment
facilities (the "Offers").
The Board announces that it has, under advice, decided to delay
the proposed date of the second allotment of shares, originally
scheduled for 24 February 2023, as set out in the Prospectus in
light of recent developments in the Albion managed portfolio.
The anticipated date of the next allotment will be 31 March 2023
for the 2022/2023 tax year and 14 April 2023 for the 2023/2024 tax
year.
The Offers for Crown Place VCT PLC, Albion Development VCT PLC,
Albion Enterprise VCT PLC, Albion Technology & General VCT PLC
and Kings Arms Yard VCT PLC remain open for valid applications.
Albion Venture Capital Trust PLC announced on 21 February 2023 that
it had reached its Offer limit and was closed to further valid
applications.
Enquiries:
Vikash Hansrani
Operations Partner, Albion Capital Group LLP
Tel: 0207 601 1850
24 February 2023
(END) Dow Jones Newswires
February 24, 2023 13:25 ET (18:25 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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