Albion Crown VCT Announces Total Voting Rights and Capital
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Overview of Total Voting Rights and Capital
Albion Crown VCT PLC is committed to keeping stakeholders informed about its operational structure. As part of this effort, the company has provided essential details regarding its total voting rights and share capital.
Notification to the Market
In line with the Disclosure Guidance and Transparency Rule 5.6.1, Albion Crown VCT PLC is notifying the market regarding its issued share capital and voting rights as of the relevant date. This information is crucial for shareholders to understand their rights and the overall structure of the company.
Issued Share Capital
As of the end of August 2024, the Company has an issued share capital consisting of a significant number of ordinary shares. The details provided herein consist of both the total number of shares in issue and the distribution of voting rights.
Details of Voting Rights
The Company currently holds a total of 345,515,332 ordinary 1p shares. Within this total, the number of shares held in treasury—that do not come with voting rights—amounts to 45,787,992 shares. This means that there are 299,727,340 shares in circulation that carry voting rights. Each share entitles its holder to one voting right.
Importance of Voting Rights
Understanding the voting rights associated with shares is essential for shareholders. The total voting rights figure plays a vital role as it can serve as a denominator for calculating whether shareholders need to alert the market regarding any changes in their interests, pursuant to the FCA's Disclosure Guidance and Transparency Rules.
How Shareholders Use This Information
The information that Albion Crown VCT PLC has provided allows shareholders to assess their standing in the company accurately. It also aids them in understanding when they need to provide notification about their interests, ensuring transparency in operations.
Contact Information
For shareholders and interested parties seeking further details regarding this announcement, the Operations Partner, Vikash Hansrani, is available for inquiries. Interested individuals can reach the Albion Capital Group LLP at 020 7601 1850 to discuss this update and its implications.
Frequently Asked Questions
What is the total number of ordinary shares issued by Albion Crown VCT PLC?
As of August 30, 2024, there are a total of 345,515,332 ordinary 1p shares issued.
How many shares are held in treasury without voting rights?
A total of 45,787,992 shares are held in treasury and do not carry any voting rights.
How many shares in circulation have voting rights?
There are 299,727,340 shares in circulation that are associated with voting rights.
What is the significance of the total voting rights figure?
The total voting rights figure helps shareholders understand their obligations to notify any changes in their interests under the FCA rules.
Who can shareholders contact for more information?
Shareholders can contact Vikash Hansrani, Operations Partner at Albion Capital Group LLP, at 020 7601 1850 for further inquiries.
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