Launch of the Albion VCTs Linked Top Up Offer 2...

Crown Place VCT PLC Launch of the Albion VCTs Linked Top Up Offer 2011/2012 Further to the announcement made on 6 October 2011, the Board is pleased to announce the launch today of the Albion VCTs Linked Top Up Offer 2011/2012 (the 'Offer'). This Offer is aiming to raise up to £15m across seven of the VCTs managed by Albion Ventures LLP (the 'Albion VCTs'), of which Crown Place VCT PLC's share will be approximately £2.25m. The maximum amount raised by each of the Albion VCTs will be 10 per cent. of its issued share capital (over any one 12 month period, and including any shares issued under Dividend Reinvestment Schemes), being the amount that they may issue under the Prospectus Rules without the publication of a full prospectus. The proceeds of the Offer will be used to provide further resources to the Albion VCTs at a time when a number of attractive new investment opportunities are being seen. The Offer will close at 12 noon on 5 April 2012 unless fully subscribed or extended beforehand. The Promoter for the Offer is RAM Capital Partners LLP 74 Chancery Lane London WC2A 1AD Tel: 0203 006 7530 Fax: 0870 3837777 Email: taxsolutions@ramcapital.co.uk The Receiving Agent for the Offer is Albion Ventures LLP 1 King's Arms Yard London EC2R 7AF Telephone: 0808 178 1680 Fax: 0207 601 1875 Email: info@albion-ventures.co.uk The Investor Guide and Offer document, which are attached below, can be found on the website www.albion-ventures.co.uk, and will also be filed at the National Storage mechanism. Both the Investor Guide and Offer Document will also be sent to all shareholders of VCTs managed by Albion Ventures LLP. Copies of the Investor Guide and Offer Document can also be obtained free of charge from Albion Ventures LLP 1 King's Arms Yard London EC2R 7AF Telephone: Fax: 0207 601 1875 Email:info@albion-ventures.co.uk 1 November 2011 Contact Patrick Reeve, Albion Ventures LLP 0207 601 1850 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: Crown Place VCT PLC via Thomson Reuters ONE [HUG#1559869]
UK 100

Latest directors dealings