Last checked at 
31 Jan 2022 09:44
Issue of Equity and Total Voting RightsAlbion Venture Capital Trust PLC
Issue of Equity and Total Voting Rights
LEI CODE 213800JKELS32V2OK421
Albion Venture Capital Trust PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Circular issued to shareholders on 10 July 2008), the Company allotted 508,281 ordinary shares of 1 penny each (the "new ordinary shares") in the capital of the Company on 31 January 2022. The new ordinary shares were issued at a price of 50.33p per ordinary share, comprising the most recent net asset value of 58.80p per share less the second special dividend of 7.00p per share and second dividend for the year ending 31 March 2022 of 1.47p per share.
Of the 508,281 New Ordinary shares allotted on 31 January 2022, an application has been made to the UK Listing Authority for the admission of 193,168 New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on or before 1 February 2022. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for 196,168 shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 7 February 2022. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
A final application will be made to the UK Listing Authority for the 118,945 remaining shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 10 February 2022. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
Following the issue of the new ordinary shares, the capital of the Company as at 31 January 2022 consists of 121,254,688 ordinary shares of which 17,153,431 shares are held in treasury.
Therefore the total number of voting rights in the Company is 104,101,257 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 Guidance and Transparency Rules.
31 January 2022
For further information please contact:
Vikash HansraniOperations PartnerAlbion Capital Group LLPTel: 020 7601 1850