Crown Place VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Crown Place 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 26 February 2009), the Company allotted 775,908 Ordinary shares of nominal value 1 penny each (the “New Ordinary shares”) in the capital of the Company on the 29 March 2019. The New Ordinary shares were issued at a price of 34.26 pence per Ordinary share, comprising the most recent net asset value less the dividend of 1 penny per Ordinary share.
Of the 775,908 New Ordinary shares allotted on 29 March 2019, an application has been made to the UK Listing Authority for the admission of 283,017 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 or before 1 April 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 280,218 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 or before 8 April 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 212,673 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 or before 15 April 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 29 March 2019 consists of 184,433,700 Ordinary shares of which 19,406,410 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is 165,027,290 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.
29 March 2019
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850