Albion Enterprise VCT Highlights NAV and Fundraising Efforts

Author: Addison Perry Updated: 03-14-2025 12:15 PM

Insights on Albion Enterprise VCT's Recent NAV Announcement

Albion Enterprise VCT PLC has made a notable announcement regarding its recent net asset value (NAV). This information serves as a focal point for the Company’s financial standing and future prospects.

Understanding the NAV Figures

As of the last assessment, the unaudited NAV for Albion Enterprise VCT PLC stood at an impressive £266.8 million, translating to 118.86 pence per share. This represents an increase from the previous NAV of 117.71 pence per share noted at the end of September.

However, after accounting for a dividend distribution of 3.28 pence per share that was paid out, the adjusted NAV reflects 115.58 pence per share. This adjustment is crucial for current and prospective shareholders as it highlights the Company’s cash distribution to its investors.

Future Projections and Updates

The Company aims to release its Interim Management Statement for the nine-month period concluding at the end of December in the coming months. This update is eagerly anticipated by investors as it will provide insights into operational performance and future strategic initiatives.

Fundraising Developments

In addition to their NAV announcement, Albion Enterprise VCT is actively preparing for new fundraising initiatives. Specifically, they are launching the Albion VCTs Prospectus Top Up Offers 2024/2025, a strategic move aimed at increasing their capital base by allotting shares based on the most recent NAV.

The share allotment is scheduled for 21 March, utilizing the NAV which, on 14 March, stood at 115.58 pence per share. This approach is aligned with their established Pricing Formula set out in the Prospectus, ensuring transparency and fairness in the share allocation process.

Contact for Additional Information

For any inquiries or further details, interested parties can reach out to:

Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Telephone: 020 7601 1850

Frequently Asked Questions

What is the NAV announced by Albion Enterprise VCT PLC?

The unaudited NAV as of the latest report stands at £266.8 million or 118.86 pence per share.

How does the recent dividend affect the NAV per share?

After accounting for the dividend of 3.28 pence per share, the adjusted NAV is 115.58 pence per share.

When will the Interim Management Statement be published?

The Company expects to publish the Interim Management Statement in late March.

What are the fundraising plans for Albion Enterprise VCT?

The Company plans to allot shares based on the latest NAV as part of the Albion VCTs Prospectus Top Up Offers 2024/2025.

Who can be contacted for more information?

Vikash Hansrani, Operations Partner at Albion Capital Group LLP, is the contact person for further inquiries.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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