Albion Technology Announces Strong NAV and Fundraising Plans

Author: Lucas Young Updated: 03-14-2025 12:16 PM

Albion Technology & General VCT PLC Announces NAV

Albion Technology & General VCT PLC has published an important announcement concerning its net asset value (NAV) as part of ongoing financial updates. The company, known for its strategic investments and commitment to growth, continues to provide valuable insights to its stakeholders.

Net Asset Value Overview

The unaudited net asset value (NAV) for Albion Technology & General VCT PLC was reported at £251.3 million, or 73.04 pence per share. This figure marks a strong performance compared to the previous NAV of 71.75 pence per share recorded on 30 September 2024. The increase illustrates the company’s positive trajectory in the marketplace.

The board has highlighted that this information is subject to change, as they are preparing to finalize and publish the audited Annual Report and Financial Statements. The finalized NAV is expected to be available in due course, providing shareholders with a comprehensive overview of the company’s performance.

Anticipated Financial Reports

Albion intends to publish its audited financial reports by April of the following year. These reports will offer a deeper analysis of the company's financial standing and performance over the past year. Readers can anticipate a thorough examination of the financial aspects of the company, further enhancing stakeholder knowledge.

Fundraising Initiatives

The company has also provided an update on its fundraising activities per the Albion VCTs Prospectus Top-Up Offers for the years 2024/2025. The allotment of new shares is scheduled for 21 March of the following year, utilizing the latest NAV published. As of 14 March 2025, the NAV is set at 73.04 pence per share, adhering to the established pricing formula outlined in the prospectus.

Strategic Growth Through Fundraising

This fundraising initiative aims to bolster the company’s capacity to support its investments and further enhance shareholder value. With a strategic vision for growth, Albion Technology & General VCT PLC seeks to engage with investors who share a commitment to long-term value creation.

Contact Information for Shareholders

For additional information or inquiries, stakeholders are encouraged to reach out to:

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

Frequently Asked Questions

What is the current NAV for Albion Technology & General VCT PLC?

The current unaudited NAV is £251.3 million, or 73.04 pence per share.

When will the audited financial statements be released?

The audited financial statements are expected to be published in April of the following year.

What will the fundraising efforts support?

The fundraising will support the company’s investments and endeavors to enhance shareholder value.

How can I get more information about Albion Technology?

For more information, you can contact Vikash Hansrani at Albion Capital Group LLP using the provided telephone number.

What is the significance of the reported NAV?

The NAV reflects the company's current value and is essential for stakeholders assessing their investments and the performance of the company.

About The Author

Even at just 28 years old, Lucas Young has made a name for himself as a writer and financial expert. Lucas is a gifted communicator of difficult financial ideas and has written a number of well-received books and articles that appeal to both new and experienced investors. The financial world has come to rely on his perceptive analysis and useful counsel. Many people have been enabled to make wise investment decisions by Lucas's commitment to financial literacy and his ability to demystify the complexities of the market. Lucas is still dedicated to advising and teaching people on their financial journeys as he shares his knowledge.

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