Albion Technology & General VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800TKJUY376H3KN16
Albion Technology & General VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Circular issued to shareholders on 18 April 2008) the Company allotted 391,272 Ordinary shares of 1 penny each (the "New Ordinary shares") in the capital of the Company on 31 December 2018. The New Ordinary shares were issued at a price of 75.9p per Ordinary share, comprising the most recent net asset value less the dividend of 2 pence per Ordinary share.
Of the 391,272 New Ordinary shares allotted on 31 December 2018, an application has been made to the UK Listing Authority for the admission of 129,589 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 4 January 2019. 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 130,065 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 10 January 2019. 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 the 131,618 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 16 January 2019. 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 December 2018 consists of 118,711,589 Ordinary shares of which 15,518,470 shares are held in treasury.
Therefore the total number of voting rights in the Company is 103,193,119 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.
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
31 December 2018
Tel: 020 7601 1850