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4 May 2020 09:17
Increase in Share Buy-Back Limit
Albion Technology & General VCT PLC
Increase in Share Buy-Back Limit
LEI code: 213800TKJUY376H3KN16
As stated in the Interim Management Statement for the quarter ended 31 March 2020, the Board of Albion Technology & General VCT PLC limited the level of share buybacks until the announcement of the Company’s interim results, expected during September 2020, to £1,000,000. Due to the strong cash position of the Company, the Board has agreed to increase this limit to £1,250,000 with immediate effect and will continue to review any limit applied in the future.
It is the Board’s intention for such buy-backs to be at around a 5 per cent. discount to net asset value, so far as market conditions and liquidity permit.
4 May 2020
For further information, please contact: Albion Capital Group LLP – tel: 020 7601 1850
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