Issue of Equity
10 Enero 2011 - 8:15AM
UK Regulatory
TIDMAATC
Albion Technology & General VCT PLC
The first allotment of New Ordinary Shares and New C Ordinary Shares (each of
nominal value 50 pence per share) in Albion Technology & General VCT PLC under
the Albion VCTs Linked Top Up Offer (which was launched on 1 November 2010) took
place on 7 January 2011. The issue price of New Ordinary Shares was 94.8 pence
per share and the issue price of New C Ordinary Shares was 74.3 pence per share.
Applications for 344,862 New Ordinary Shares and 440,166 New C Ordinary Shares
in Albion Technology & General 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
and New C Ordinary Shares. The cost of this additional 1% shares is being borne
by the Manager, Albion Ventures LLP.
The net proceeds of the Offer to date to Albion Technology & General 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 344,862 New
Ordinary Shares and 440,166 New C Ordinary Shares to be admitted to the Official
List and to the London Stock Exchange for the New Ordinary Shares and New C
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
GBP4,216,500 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: Albion Technology & General VCT PLC - C Shares via Thomson Reuters ONE
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