Issue of Equity and total voting rights
06 April 2011 - 1:01PM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
The final allotment for this tax year 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 5 April 2011 at an
issue price of 35.4 pence per New Ordinary Share.
Applications for 1,204,732 New Ordinary Shares in Crown Place VCT PLC were
received.
The net proceeds of the Offer for this allotment are approximately GBP400,000
bringing the total to date for Crown Place VCT PLC to approximately GBP1,653,000.
Application has been made to the Financial Services Authority for 1,204,732 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 12 April 2011.
As at this third closing of the Albion VCTs Linked Top Up Offer on 5 April
2011, the total raised under the Offer was GBP11.54m (including amounts
reinvested).
Following this allotment, and, in conformity with the Transparency Directive's
transitional provision 6 we would like to notify the market of the following:
Crown Place VCT PLC's capital today consists of 83,763,181 Ordinary shares with
a nominal value of 10p each. Crown Place VCT PLC holds 7,260,410 shares in
Treasury.
Therefore, the total number of voting rights in Crown Place VCT PLC is
76,502,771 which 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 change to their interest in, Crown Place VCT PLC under the FSA's
Disclosure and Transparency Rules.
For further information, please contact:
Patrick Reeve 020 7601 1850
Albion Ventures LLP
6 April 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
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