Issue of Equity
30 November 2010 - 1:25PM
UK Regulatory
TIDMCRWN
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 107,925 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 33.8p.
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 or around 6
December 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 and 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 30 November 2010 consisted of 79,110,549
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
71,850,139.
The figure of 71,850,139 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#1467093]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Crown Place VCT PLC via Thomson Reuters ONE
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