Issue of Equity and Total Voting Rights

Summary by AI BETAClose X

Albion Enterprise VCT PLC has allotted 10,558,674 ordinary shares at 115.89 pence each, raising approximately £11.9 million in net proceeds for the 2025/26 tax year, bringing the total net raised under the prospectus to £29.1 million. This issuance, priced to avoid dilution for non-participating shareholders, will be admitted to trading on the London Stock Exchange around 30 March 2026. The total gross amount raised across all Albion VCTs was £90 million. Following this allotment, the Company's issued share capital stands at 278,673,403 ordinary shares, with 18,185,333 held in treasury, resulting in a total of 260,488,070 voting rights.

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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 on 27 March 2026 it allotted 10,558,674 ordinary shares of 1 penny each in respect of its offer for subscription (“Offer Shares”) in relation to the 2025/26 tax year, pursuant to the joint prospectus (the “Prospectus”) published by the Company, Albion Technology and General VCT PLC and Albion Crown VCT PLC (together the “Albion VCTs”) on 23 October 2025 in relation to the Albion VCTs Prospectus Top Up Offers 2025/2026 (the “Offers”).

The Company has received valid applications for 10,558,674 Offer Shares which were allotted at an issue price of 115.89 pence per share. The total net proceeds receivable by the Company for this allotment is approximately £11.9 million, bringing net total raised under the prospectus to £29.1 million. The issue pricing of the Offer Shares has been structured to avoid any capital dilution to existing shareholders who do not participate in the Offers.

Application has been made to the London Stock Exchange for those Offer 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 Offer Shares will commence on or around 30 March 2026. The Offer Shares rank pari passu with the existing ordinary shares in issue.

The Offers which constitute separate offers have been fully subscribed and all have been closed to further applications. The total gross amount raised across the Albion VCTs under the Offers is £90 million.

Following this allotment and in conformity with the provisions of the FCA’s Disclosure Guidance and Transparency Rules (the “DTRs”), the Company makes the following notifications in connection with the issued share capital of the Company:

The Company's capital as at 27 March 2026 consists of 278,673,403 ordinary shares of 1 penny each (of which the Company holds 18,185,333 ordinary shares in treasury).

Therefore, the total number of voting rights in the Company is 260,488,070, which may be used by shareholders and other persons 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 DTRs.

For further information, please contact:

Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Company Secretary
020 7601 1850

27 March 2026


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