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Pin to quick picksKings Arms Yard Regulatory News (KAY)

Share Price Information for Kings Arms Yard (KAY)

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Share Price: 19.40
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Kings Arms Yard VCT is an Investment Trust

To produce a regular and predictable dividend stream with an appreciation in capital value, invests in a broad portfolio of higher growth businesses across a variety of sectors of the UK economy including higher risk technology companies.

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CLOSURE OF THE COMPANY'S OFFER

19 Mar 2024 09:32

CLOSURE OF THE COMPANY'S OFFER

Kings Arms Yard VCT PLC

LEI Code 213800DK8H27QY3J5R45

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

The Board of Kings Arms Yard VCT PLC (the "Company") is pleased to announce that it has reached its £10.5 million limit under its offer for subscription pursuant to the Prospectus issued on 15 December 2023 ("Offer") by the Company and four of the other Albion VCTs, which 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, Albion Technology & General VCT PLC and Albion Development VCT PLC remain 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.

19 March 2024

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

Date   Source Headline
31st Jan 20058:00 amPRNRule 2.10 Announcement
31st Jan 20058:00 amPRNStatement re Possible Merger
26th Jan 20055:11 pmPRNTransaction in Own Shares

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