Issue of Equity
09 April 2010 - 10:49AM
UK Regulatory
TIDMCRWN
9 April 2010
Crown Place VCT PLC
Issue of Equity
Crown Place VCT PLC (the "Company") announces that, further to the Dividend
Reinvestment Scheme introduced by the Company (details of which were set out in
the Circular issued to shareholders on 26 February 2009), the Company today
allotted 110,944 Ordinary shares of 10p each (the "New Ordinary Shares") in the
capital of the Company. In accordance with the Circular, the New Ordinary
Shares were issued at a price of 32.93p.
Accordingly, application has been made to the UK Listing Authority for the
admission of the 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 12 April 2010. 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 Company will have 79,320,524
Ordinary shares in issue.
In conformity with the Transparency Directive's provisions we would like to
notify the market of the following:
Crown Place VCT PLC's capital as at 9 April 2010 consisted of 79,320,524
Ordinary shares. Crown Place VCT PLC holds 7,260,410 Ordinary shares in
Treasury.
Therefore the total number of voting rights in Crown Place VCT PLC is
72,060,114.
The figure of 72,060,114 may be used by shareholders 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, Crown Place VCT PLC under the
FSA's Disclosure and Transparency rules.
For further information, please contact:
Isabel Dolan
Albion Ventures LLP
Tel: 020 7601 1850
[HUG#1401739]
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