AAEV Albion Enterprise VCT

Publication of Prospectus

Publication of Prospectus

LEI Code 213800OVSRDHRJBMO720

Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology & General VCT PLC, Albion Venture Capital Trust PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC

Albion VCTs Prospectus Top Up Offers 2018/2019

Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology & General VCT PLC, Albion Venture Capital Trust PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC (together, "the Companies") announce that they have today published a Prospectus (comprising a Securities Note, Registration Document and Summary) in relation to offers for subscription for new Ordinary Shares in each of the Companies to raise, in aggregate, up to £36 million (before issue costs) (the "Offers").

In addition, there is an over-allotment facility of a further £2 million (before issue costs) for each of the Companies. Any election to make use of their over-allotment facility will be subject to the decision of individual boards of the Companies in the light of investments and disposals made and anticipated by them at the relevant time.

The Offers open on 7 January 2019 and are expected to close no later than 30 September 2019 (unless fully subscribed by an earlier date or previously closed).

Each of the Companies has entered into an offer agreement relating to the Offers with the Companies’ investment manager Albion Capital Group LLP (“Albion”), pursuant to which Albion will receive a fee of 2.5 per cent. of the gross proceeds of the Offers and out of which Albion will pay the costs of the Offers, as detailed in the Prospectus.  Albion is a related party of each of the Companies under the Listing Rules, and therefore entering into the offer agreement is a transaction to which Listing Rule 11.1.10 applies.

A downloadable version of the Prospectus will be available from

Copies of the Prospectus are available, free of charge, from the Companies' registered office at 1 King’s Arms Yard, London, EC2R 7AF.

In accordance with the Listing Rules, the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at .

7 January 2019

Enquiries:

For further information, please contact:

Patrick Reeve / Will Fraser-Allen

Albion Capital Group LLP

Telephone: 020 7601 1850

EN
07/01/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Albion Enterprise VCT

 PRESS RELEASE

Director/PDMR Shareholding

Director/PDMR Shareholding Albion Enterprise VCT PLC (the “Company”)Director/PDMR Transaction Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 1Details of the person discharging managerial / persons closely associated      a)Name Rhodri Whitlock        2Reason for notification          a)Position/status PDMR/Director        b)Initial notification/AmendmentInitial notification        3)Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor  ...

 PRESS RELEASE

Issue of Equity and Total Voting Rights

Issue of Equity and Total Voting Rights Albion Enterprise VCT PLC Issue of Equity and Total Voting Rights LEI Code 213800OVSRDHRJBMO720 Albion Enterprise 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 November 2009), the Company allotted 962,981 Ordinary shares of nominal value 1 penny each (the "new Ordinary shares") in the capital of the Company on 27 February 2026. The new Ordinary shares were issued at a price of 109.90 pence per Ordinary share, comprising the most recent ...

 PRESS RELEASE

Offer Update

Offer Update Albion Enterprise VCT PLC LEI Code 213800OVSRDHRJBMO720 Closure of the Company’s offer under the Albion VCTs Prospectus Top Up Offers 2025/2026 (the “Offers") The Board of Albion Enterprise VCT PLC (the "Company") is pleased to announce that it has now received applications reaching its £30 million limit (inclusive of the Company’s £10 million over-allotment facility which has been exercised) under its offer for subscription ("Offer") pursuant to the prospectus issued on 23 October 2025 by the Company, Albion Technology & General VCT PLC and Albion Crown VCT PLC (the "Prospe...

 PRESS RELEASE

Total Voting Rights and Capital

Total Voting Rights and Capital Albion Enterprise VCT PLC Total Voting Rights and Capital LEI Code 213800OVSRDHRJBMO720 In conformity with the provisions of Disclosure Guidance and Transparency Rule 5.6.1, Albion Enterprise VCT PLC (the “Company”) would like to notify the market of the following: As at 30 January 2026, the issued share capital and voting rights of the Company are as follows: Class and nominal value of shareTotal number of shares in issueNumber of shares held in treasury (with no voting rights attached)Total number of shares in circulation with voting rights attachedNumb...

 PRESS RELEASE

Total Voting Rights and Capital

Total Voting Rights and Capital Albion Enterprise VCT PLC Total Voting Rights and Capital LEI Code 213800OVSRDHRJBMO720 In conformity with the provisions of Disclosure Guidance and Transparency Rule 5.6.1, Albion Enterprise VCT PLC (the “Company”) would like to notify the market of the following: As at 31 December 2025, the issued share capital and voting rights of the Company are as follows: Class and nominal value of shareTotal number of shares in issueNumber of shares held in treasury (with no voting rights attached)Total number of shares in circulation with voting rights attachedNum...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch