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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
3rd Jun 20059:38 amRNSTransaction in Own Shares
17th May 20054:21 pmRNSDividend Declaration
16th May 20052:19 pmRNSTransaction in Own Shares
18th Apr 200510:16 amRNSTransaction in Own Shares
8th Apr 20053:24 pmRNSRealisation
8th Apr 20053:20 pmRNSRealisation
8th Apr 20052:28 pmRNSNet Asset Value(s)
24th Feb 20055:31 pmRNSFinal Results

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