Issue of Equity and Total Voting Rights and Cap...

Albion Venture Capital Trust PLC

Issue of Equity and Total Voting Rights

Albion Venture Capital Trust PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme introduced by the Company (details of which were set out in the Circular issued to shareholders on 10 July 2008), on 31 December 2013 the Company allotted 150,017 Ordinary shares of 1 penny each (the "New Ordinary shares") in the capital of the Company. The New Ordinary shares were issued at a price of 70.5p, comprising the net asset value at 30 September 2013 less the interim dividend of 2.5 pence per Ordinary share.

Of the 150,017 New Ordinary shares allotted on 31 December 2013, an application has been made to the UK Listing Authority for the admission of 68,057 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 or before 2 January 2014. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.

A further two applications will be made for the remaining shares of which the first will be submitted to the UK Listing Authority for 66,979 New Ordinary shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 10 January 2014. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.

The final application will be made to the UK Listing Authority for the 14,981 remaining shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 17 January 2014. 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 December 2013 consists of 62,848,051 Ordinary shares of which 4,695,440 shares are held in Treasury.

Therefore the total number of voting rights in the Company is 58,152,611 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, the Company under the FCA's Disclosure and Transparency Rules.
  

31 December  2013

Company Secretary

Albion Ventures LLP

Tel: [phone]

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Venture Capital Trust PLC via Globenewswire

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