Voting Rights and Capital Structure at Albion Development VCT PLC
Albion Development VCT PLC
Total Voting Rights and Capital
LEI Code: 213800FDDMBD9QLHLB38
In accordance with the Disclosure Guidance and Transparency Rule 5.6.1, Albion Development VCT PLC wishes to provide stakeholders with essential updates regarding its issued share capital and voting rights.
Latest Share Capital Information
As of the end of October 2024, the detailed issued share capital for the Company is outlined below:
Class and Nominal Share Value: Ordinary 1p shares
Total Number of Shares Issued: 167,899,752
Shares Held in Treasury: 19,309,045 (these shares carry no voting rights)
Total Shares with Voting Rights: 148,590,707
Voting Rights Attached per Share: 1
Understanding Voting Rights
The number of voting rights listed above is critical information for shareholders and potential investors. This total facilitates the calculations needed for shareholders to determine if there is a requirement to notify their interest in, or changes to their interest in, Albion Development VCT PLC, in compliance with the FCA's Disclosure Guidance and Transparency Rules.
Importance of Voting Rights Information
This type of information is not just a regulatory requirement but also empowers shareholders to understand their voting power within the company. Keeping track of the number of shares and associated voting rights helps investors make informed decisions, especially during critical votes during annual meetings or extraordinary general meetings.
Contact for Further Inquiries
If you have any questions or require further information, please feel free to reach out:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What is Albion Development VCT PLC?
Albion Development VCT PLC is a venture capital trust focused on providing equity funding to small UK businesses and enhancing shareholder returns.
What are the total voting rights for Albion Development VCT PLC?
As of the latest report, there are a total of 148,590,707 shares with voting rights.
How can shareholders utilize the voting rights information?
Shareholders use this information to determine their reporting obligations regarding changes in ownership and interest in the company.
Who can I contact for more information regarding shares?
You can contact Vikash Hansrani, Operations Partner at Albion Capital Group LLP, at 020 7601 1850.
How many shares are currently held in treasury?
Currently, there are 19,309,045 shares held in treasury, which do not carry voting rights.