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Pin to quick picksAlbion. Dev Vct Regulatory News (AADV)

Share Price Information for Albion. Dev Vct (AADV)

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Albion Development VCT is an Investment Trust

To provide investors with regular dividend income combined with long-term capital growth by investing in a broad portfolio of higher growth businesses with a stronger focus on technology companies across a variety of sectors in UK.

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Closure of the Company's Offer

20 Mar 2024 09:07

Closure of the Company's Offer

Albion Development VCT PLC

LEI Code 213800FDDMBD9QLHLB38

Closure of the Company’s offer under the Albion VCTs Prospectus Top Up Offers 2023/2024 (the “Offers")

The Board of Albion Development VCT PLC (the "Company") is pleased to announce that it has now received applications reaching its £14.5 million limit. On the basis that such applications are all valid and accepted, the offer is now fully subscribed for the Company and has now closed to further valid applications.

The allotments in respect of valid applications received prior to the Offer closing are expected to take place on 22 March 2024, for applications in respect of the current tax year, and on 26 April 2024 for applications in respect of the 2024/2025 tax year.

Application for the shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s market for listed securities will be made and dealings are expected to commence on or around 25 March 2024.

Albion Enterprise VCT PLC remains open for valid applications.

The Albion VCT Offers opened on 2 January 2024 and are expected to close no later than 2.00 p.m. on 30 September 2024 (unless fully subscribed by an earlier date or previously closed).

A downloadable version of the Prospectus is available from www.albion.capital. Copies of the Prospectus are available, free of charge, from the Companies' registered office at 1 Benjamin Street, London, EC1M 5QL.

Terms used in this announcement have the same meaning as defined in the Prospectus.

20 March 2024

Enquiries:Vikash HansraniOperations PartnerAlbion Capital Group LLPTel: 0207 601 1850

Date   Source Headline
24th Apr 20241:45 pmGNWPortfolio Company Update
19th Apr 20244:51 pmGNWAlbion Development VCT PLC: Annual Financial Report
16th Apr 20242:25 pmGNWIssue of Equity and Total Voting Rights
28th Mar 20242:00 pmGNWTotal voting rights and Capital
25th Mar 20242:30 pmGNWDirector/PDMR Shareholding
25th Mar 202410:15 amGNWIssue of Equity and Total Voting Rights and Capital
20th Mar 20249:07 amGNWClosure of the Company's Offer
12th Mar 20243:30 pmGNWNAV announcement and Portfolio company update
29th Feb 20242:00 pmGNWTotal voting rights and Capital
31st Jan 20241:30 pmGNWTotal voting rights and Capital
29th Dec 20231:00 pmGNWTotal voting rights and Capital
19th Dec 20235:19 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
15th Dec 20233:43 pmGNWPublication of Prospectus
5th Dec 20235:19 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
30th Nov 20232:00 pmGNWTotal voting rights and Capital
20th Nov 202312:15 pmGNWAlbion Development VCT PLC: Interim Management Statement
31st Oct 20232:00 pmGNWTotal voting rights and Capital
30th Oct 20232:00 pmGNWChange of the Company's Auditor
19th Oct 20232:52 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
12th Oct 202310:30 amGNWStatement regarding the proposed issue of a prospectus
6th Oct 202312:00 pmGNWPortfolio Update
29th Sep 202311:33 amGNWIssue of Equity and Total Voting Rights and Capital
29th Sep 202311:31 amGNWDirector/PDMR Shareholding
26th Sep 20235:17 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
19th Sep 202311:00 amGNWAlbion Development VCT PLC: Half-Yearly Financial Report
31st Aug 20232:00 pmGNWTotal voting rights and Capital
29th Aug 20231:00 pmGNWDividend Declaration
31st Jul 20232:12 pmGNWTotal voting rights and Capital
30th Jun 20232:14 pmGNWTotal voting rights and Capital
29th Jun 20231:47 pmGNWTransaction in Own Shares and Voting Rights and Capital
6th Jun 20234:32 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
31st May 202310:10 amGNWDirector/PDMR Shareholding
31st May 202310:09 amGNWIssue of Equity and Total Voting Rights and Capital
30th May 20236:36 pmGNWAGM Statement
30th May 202311:49 amGNWAlbion Development VCT PLC: Interim Management Statement
28th Apr 20232:07 pmGNWTotal voting rights and Capital
19th Apr 20235:30 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
14th Apr 20232:30 pmGNWIssue of Equity and Total Voting Rights and Capital
11th Apr 20234:45 pmGNWPublication of a supplementary prospectus
6th Apr 20234:50 pmGNWAlbion Development VCT PLC: Annual Financial Report
31st Mar 20232:30 pmGNWIssue of Equity and Total Voting Rights and Capital
9th Mar 202310:00 amGNWClosure of the Company's offer
28th Feb 20232:00 pmGNWTotal voting rights and Capital
24th Feb 20236:23 pmGNWChange of Allotment date
23rd Feb 202312:45 pmGNWNav Announcement
31st Jan 20232:00 pmGNWTotal voting rights and Capital
4th Jan 20232:42 pmGNWOffer Update
30th Dec 202212:00 pmGNWTotal voting rights and Capital
19th Dec 20226:10 pmGNWTransaction in Own Shares and Total Voting Rights and Capital
12th Dec 20221:46 pmGNWAlbion Development VCT PLC: Interim Management Statement

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