Understanding Total Voting Rights and Share Capital
Albion Crown VCT PLC is committed to transparency with its stakeholders. This article details essential information regarding the company’s voting rights and share capital, which investors should consider in their decision-making processes.
Total Voting Rights Overview
Under the rules of Disclosure Guidance and Transparency, it’s crucial for shareholders to be aware of the total voting rights associated with their shares. As of the latest fiscal reporting period, Albion Crown VCT PLC has established significant figures reflecting its share capital.
Issued Share Capital Breakdown
As of a recent reporting date, the issued share capital of Albion Crown VCT PLC stands at a total of 564,304,234 shares. This figure is critical as it correlates to the voting rights attached to the shares, which are instrumental in shareholder decision-making. Below is a breakdown of the various classes of shares and their corresponding details:
- Ordinary Shares of 1p: There are 432,713,945 ordinary shares, out of which 45,787,992 are held in treasury without voting rights. This leaves 386,925,953 shares with voting rights.
- Ordinary C Shares of 1p: A total of 131,590,289 ordinary C shares exists, with all having voting rights, as none are held in treasury.
Significance of Voting Rights
The total number of shares in circulation with voting rights amounts to 518,516,242. Each share grants one voting right. This information is essential for shareholders to accurately determine any changes in their holdings that might require disclosure to the Financial Conduct Authority (FCA).
Why Are Voting Rights Important?
Understanding the implications of voting rights is vital for any shareholder. Voting rights determine the influence shareholders have on critical decisions impacting the Company, such as board appointments and mergers. With Albion Crown VCT PLC boasting over 500 million shares carrying voting rights, shareholder participation in corporate governance is profound.
Contact for More Information
For interested shareholders or individuals seeking further details, they can reach out to Vikash Hansrani, the Operations Partner at Albion Capital Group LLP. He can provide insights into corporate governance and share capital details.
Contact Information:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
1. What is meant by total voting rights?
Total voting rights refer to the voting power associated with shares that shareholders can exercise during corporate decisions.
2. How many shares of Albion Crown VCT PLC carry voting rights?
A total of 518,516,242 shares carry voting rights within the company.
3. Why do shareholders need to report changes in their interests?
Shareholders must report changes under FCA regulations to ensure transparency and maintain market integrity.
4. Who can I contact for further information about Albion Crown VCT PLC?
For further queries, shareholders can contact Vikash Hansrani at Albion Capital Group LLP.
5. What are the classes of shares held by Albion Crown VCT PLC?
The Company holds ordinary shares and ordinary C shares, each with its specific details regarding voting rights and circulation.
