Crown Place VCT PLC Issue Of Equity And Total Voting Rights
31 März 2023 - 10:31AM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Crown Place VCT PLC (the "Company") announces that, further to
the Dividend Reinvestment Scheme (details of which were set out in
the circular issued to shareholders on 26 February 2009), the
Company allotted 1,077,920 Ordinary shares of nominal value 1 penny
each (the "New Ordinary shares") in the capital of the Company on
31 March 2023. The New Ordinary shares were issued at a price of
32.72 pence per Ordinary share, comprising the 31 December 2022 net
asset value of 31.79 pence per share, adjusted for the 1.72 pence
per share uplift announced on 2 March 2023, less the dividend of
0.79 pence per Ordinary share.
Accordingly, application has been made to the UK Listing
Authority for the admission of the 1,077,920 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 3 April 2023. 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 capital of
the Company as at 31 March 2023 consists of 308,110,787 Ordinary
shares of which 38,617,058 Ordinary shares are held in
treasury.
Therefore the total number of voting rights in the Company is
269,493,729 which may be used by shareholders or other persons 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, the Company under the FCA's Disclosure Guidance
and Transparency Rules.
31 March 2023
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
(END) Dow Jones Newswires
March 31, 2023 04:31 ET (08:31 GMT)
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