Albion Technology & General VCT Shares Issue and Rights Update

Albion Technology & General VCT PLC Announces Share Issuance
Albion Technology & General VCT PLC is taking significant steps in the market by announcing the allotment of new shares as part of their Dividend Reinvestment Scheme. This initiative offers shareholders an opportunity to reinvest their dividends back into the company. The latest announcement reveals that 1,386,038 new Ordinary shares, valued at 1 penny each, have been allocated.
Understanding the Share Allotment Details
The issuance of these new Ordinary shares occurred on 30 June 2025, at a price of 71.68p per share. This price reflects the company's most recent net asset value, adjusted for a dividend of 1.83p per share. By choosing to issue shares at this rate, Albion Technology & General VCT PLC aims to maintain its commitment to enhancing shareholder equity while ensuring sustainable corporate growth.
Impact on the Company's Capital Structure
With the introduction of these shares, the total capital of Albion Technology & General VCT PLC stands at 412,419,228 Ordinary shares. It is noteworthy that out of this total, 32,370,947 shares are currently held in treasury. This update is vital for shareholders as it provides clarity regarding the company’s capital structure and reinforces transparency in the operations of Albion Technology & General VCT PLC.
Voting Rights and Shareholder Guidance
A key figure arising from this allotted share issuance is the total voting rights, which now amount to 380,048,281. Shareholders will find this information essential for monitoring their shareholdings. Under the FCA’s Disclosure Guidance and Transparency Rules, these figures enable them to determine if there are any notifications required regarding their interests in the company.
Anticipated Listings and Trading
Applications have been filed for these new Ordinary shares to be added to the Official List of the Financial Conduct Authority and to commence trading on the London Stock Exchange's main market. This expected listing is set for around 1 July 2025. Such trading opportunities are significant for investors looking to engage actively in the market.
Contact Information for Inquiries
If you are seeking further information regarding this announcement, please reach out directly. For inquiries, connect with Vikash Hansrani, the Operations Partner at Albion Capital Group LLP. You can contact him at 020 7601 1850, where he or a member of his team will be ready to assist.
Frequently Asked Questions
What is the significance of the new share issuance by Albion Technology & General VCT PLC?
The new share issuance allows shareholders to reinvest their dividends, which can contribute to increase in shareholder value and company growth.
How many new Ordinary shares were issued?
Albion Technology & General VCT PLC issued a total of 1,386,038 new Ordinary shares.
What is the total number of voting rights after the new share issuance?
The total voting rights in the company after the issuance stand at 380,048,281.
When will the new shares start trading on the London Stock Exchange?
The new Ordinary shares are expected to commence trading on approximately 1 July 2025.
Who can I contact for more information regarding this announcement?
For detailed inquiries, you can reach Vikash Hansrani at Albion Capital Group LLP by calling 020 7601 1850.
About The Author
Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.