CRWN Albion Crown Vct Plc

 
TIDMCRWN 
 
Crown Place VCT PLC 
 
 
The  first allotment of New Ordinary Shares  of nominal value 10 pence per share 
in  Crown Place  VCT PLC  under the  Albion VCTs  Linked Top Up Offer (which was 
launched  on 1 November 2010) took place on  7 January 2011 at an issue price of 
35.8 pence per New Ordinary Share. 
 
Applications  for  1,828,380 New  Ordinary  Shares  in  Crown Place VCT PLC were 
received,   including   those  applications  received  within  the  first   GBP2.5m 
subscribed  under the Offer, which are entitled to an additional 1% of the value 
subscribed,  in New Ordinary Shares. The cost of this additional 1% New Ordinary 
Shares is being borne by the Manager, Albion Ventures LLP. 
 
The  net proceeds of the Offer to date  to Crown Place VCT PLC are approximately 
 GBP604,000.  The Offer will remain open until 12 noon on 5 April 2011 unless fully 
subscribed and closed earlier. 
 
Application  has been made to the Financial Services Authority for 1,828,380 New 
Ordinary  Shares to  be admitted  to the  Official List  and to the London Stock 
Exchange  for the New  Ordinary Shares to  be admitted to  trading on the London 
Stock Exchange's market for listed securities. 
 
It  is expected that Admission  will become effective, and  that dealings in the 
shares will commence on or before, 8.00 a.m. on 14 January 2011. 
 
As  at the first closing of the Albion VCTs Linked Top Up Offer (the "Offer") on 
7 January  2011, applications (across  all seven  of the  Albion VCTs) totalling 
 GBP4,261,500 were received, and will be met in full. 
 
Further  details of the Albion VCTs Linked  Top Up Offer (including the Investor 
Guide  and Offer Document issued on 1 November 2010) can be found at www.albion- 
ventures.co.uk. 
 
 
For further information, please contact: 
 
 
 Patrick Reeve         020 7601 1850 
 Albion Ventures LLP 
 
 
10 January 2011 
 
 
 
 
 
 
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 
 
[HUG#1478407] 
 

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