Understanding Total Voting Rights and Capital
Albion Technology & General VCT PLC
Essential Overview
In accordance with the provisions set forth by the Disclosure Guidance and Transparency Rule 5.6.1, Albion Technology & General VCT PLC (referred to as “the Company”) is pleased to share valuable information relevant to shareholders and market participants.
Current Capital and Voting Rights Status
As of the specified date, the share capital and voting rights of the Company are outlined in a straightforward manner for ease of comprehension and accessibility.
Highlights of Share Capital
The capital structure of Albion Technology & General VCT PLC includes various types of shares, and as such, presents an insightful snapshot of its financial standing. The focus here is primarily on the ordinary shares, which hold significant importance.
Detailed Breakdown of Shares Issued
The Company has reported specific figures regarding the issued shares, each with associated voting rights that are critical for calculating ownership influence within the Company.
Here’s a simplified overview of the reported figures:
Share Classes and Their Details
The breakdown of share classes can provide clarity to shareholders weighing their responsibilities under regulatory frameworks:
Class and Nominal Value of Share: Ordinary 1p shares
Total Number of Shares in Issue: 412,419,228
Shares Held in Treasury (No Voting Rights): 32,370,947
Total Shares in Circulation with Voting Rights: 380,048,281
Voting Rights Per Share: 1
Importance of Voting Rights for Shareholders
The aggregate voting rights figure provided is crucial for shareholders and stakeholders, as it serves as a basis for evaluating their interests and any changes to their holdings in the Company. This is especially pertinent in light of the FCA's Disclosure Guidance and Transparency Rules.
By having a clear understanding of the number of voting rights linked to their shares, investors can better manage their stakes within the organization. It also allows for necessary notifications should there be any significant changes in holdings.
Contact and Further Information
For any additional inquiries or clarifications, shareholders and interested parties are encouraged to reach out:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What are total voting rights?
Total voting rights indicate how many votes shareholders can cast in a company decision, based on the shares they own.
Why are voting rights important?
Voting rights are crucial for shareholders as they determine control over company decisions, including leadership and strategic direction.
What does it mean to hold shares in treasury?
Shares held in treasury are owned by the company itself and do not confer any voting rights; they are typically held for various strategic reasons.
How can shareholders calculate their interests?
Shareholders can calculate their interests based on the total number of voting rights and their proportionate shareholdings in the company.
Who can I contact for more information?
Vikash Hansrani from Albion Capital Group LLP is available for further inquiries regarding share capital and voting rights.
