Closure of the Company's Offer under the Albion VCTs Prospectus Top Up Offers 2018/19

5 Apr 2019 14:05

Closure of the Company's Offer under the Albion VCTs Prospectus Top Up Offers 2018/19

Albion Technology & General VCT PLC

LEI Code 213800TKJUY376H3KN16

CLOSURE OF THE COMPANY'S OFFER UNDER THE ALBION VCTS PROSPECTUS TOP UP OFFERS 2018/19 ("Albion VCT Offers")

The Board of Albion Technology & General VCT PLC (the "Company") is pleased to announce that it has reached its £8 million limit under its offer for subscription pursuant to the prospectus dated 7 January 2019 ("Offer"), which as of today is fully subscribed and has now closed to further applications for subscription.

Allotments in respect of valid applications received prior to the Offer closing to further applications will take place on 5 April 2019, for applications in respect of the current tax year 2018/2019, and on 12 April 2019 for applications in respect of the 2019/2020 tax year. Dealing in such shares will commence within 3 business days following allotment.

The Offers which constitute separate offers have all now been fully subscribed and all have been closed to further applications. The total amount raised across the Albion VCTs under the Offers is £48 million gross.

5 April 2019

Enquiries:

Will Fraser-AllenManaging Partner, Albion Capital Group LLPTel: 0207 601 1850