Issue of Equity

RNS Number : 7671Q

Crown Place VCT PLC

17 April 2009

 



17 April 2009

Crown Place VCT PLC

Issue of Equity

Crown Place VCT 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 26 February 2009), the Company today allotted 84,090 Ordinary shares of 10p each (the 'New Ordinary Shares') in the capital of the Company. In accordance with the Circular, the New Ordinary Shares were issued at a price of 35.04p.

Accordingly, application has been made to the UK Listing Authority for the admission of the 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 20 April 2009. 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 Company will have 79,701,180 Ordinary shares in issue.

In conformity with the Transparency Directive's provisions we would like to notify the market of the following:

Crown Place VCT PLC's capital as at 17 April 2009 consisted of 79,701,180 Ordinary shares. Crown Place VCT PLC holds 7,260,410 Ordinary shares in Treasury.

Therefore the total number of voting rights in Crown Place VCT PLC is 72,440,770.

The figure of 72,440,770 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:

Isabel Dolan

Albion Ventures LLP

Tel: [phone]

 

END

 

 

IOEILFSFSDIDLIA