CROWN PLACE VCT PLC
11 Januar 2012 - 1:24PM
UK Regulatory
TIDMCRWN
The first 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 2011/2012 (which was launched on 1 November 2011) took place on 10 January
2012 at an issue price of 33.5 pence per New Ordinary Share.
Applications for 1,191,601 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 for this allotment by the Company are approximately GBP378,000
bringing the total raised by the Company by way of the issue of new shares in
the last 12 months to approximately GBP1.546m (representing approximately 5.6% of
the issued share capital).
Application has been made to the Financial Services Authority for 1,191,601 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 16 January 2012.
As at this first closing of the Albion VCTs Linked Top Up Offer 2011/2012 on 10
January 2012, the total raised under the Offer was GBP2.66m (including amounts
reinvested). The Offer constitutes separate offers made by each of the Albion
VCT's which are participating in it.
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 as at 11 January 2012 consists of 84,846,419
Ordinary shares with a nominal value of 10p each. Crown Place VCT PLC holds
8,151,410 Ordinary shares in Treasury.
Therefore, the total number of voting rights in Crown Place VCT PLC is
76,695,009, 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 a change to their interest in, Crown Place VCT PLC under the
FSA's Disclosure and Transparency Rules.
For further information, please contact:
Patrick Reeve
Albion Ventures LLP
020 7601 1850
11 January 2012
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#1576813]
Albion Crown Vct (LSE:CRWN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Albion Crown Vct (LSE:CRWN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024