Increase In Offer Amount
ALBION DEVELOPMENT VCT PLC
In the light of strong demand for the Company's shares under the Albion VCTs Prospectus Top Up Offers 2015/2016, which were launched on 17 November 2015, the board of directors of Albion Development VCT PLC is pleased to announce that it has elected to exercise the over-allotment facility referred to in the prospectus. Accordingly, the maximum amount that may be raised by the Company is increased from £4.25m to £6m.
The Company has, to date, received valid applications for approximately £3.6m. The Offers are expected to close no later than 30 September 2016.
For further information, please contact:
Patrick Reeve
020 7601 1850
15 February 2016