Albion Crown Regulatory News (CRWN)

21 Jun 2021 13:15

THIS ANNOUNCEMENT HAS BEEN DETERMINED TO CONTAIN INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF MARKET ABUSE REGULATION (EU) NO. 596/2014, WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Crown Place VCT PLCLEI Code 213800SYIQPA3L3T1Q68Portfolio and NAV Update

Crown Place VCT PLC (the “Company”) is pleased to report that two companies within its portfolio are undergoing external fundraising processes.

The Manager’s current view of the effect of these events on the valuations, as at today’s date, is an uplift of 1.81 pence per share (5.73%) to the most recently announced net asset value (“NAV”) of 31.59 pence per share (being the 31 March 2021 NAV).

A further update will be made in due course, if required, otherwise further information will be included in the Annual Report & Financial Statements for the year ended 30 June 2021, at which point the entire portfolio will have been revalued to take account of recent events. This is expected to be published in September 2021.

For further information please contact: Vikash HansraniOperations Partner Albion Capital Group LLP Telephone: 020 7601 1850

21 June 2021