Albion Enterprise VCT PLC
LEI Code 213800OVSRDHRJBMO720
Closure of the Company’s offer under the Albion VCTs Prospectus Top Up Offers 2023/2024 (the “Offers")
The Board of Albion Enterprise VCT PLC (the "Company") is pleased to announce that it has now received applications reaching its £15.75 million limit. On the basis that such applications are all valid and accepted, the offer 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.
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 Albion VCT Offers is £60 million.
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.
20 March 2024
Enquiries:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 0207 601 1850