Understanding Total Voting Rights and Capital
Albion Venture Capital Trust PLC is committed to keeping its stakeholders updated on essential aspects of its governance and operations. This article aims to clarify the current total voting rights and share capital structure within the company.
Company Overview
Albion Venture Capital Trust PLC, identified by the LEI Code 213800JKELS32V2OK421, prioritizes transparency and effective communication with its shareholders. In line with this commitment, the company adheres to the Disclosure Guidance and Transparency Rule 5.6.1, ensuring that all relevant financial information is shared promptly.
Total Voting Rights as of August 2024
As of a specific date in August 2024, the company has provided the following details concerning its issued share capital and voting rights:
Share Capital Breakdown
Below is a detailed breakdown of the shares currently in circulation:
- Class of Share: Ordinary 1p shares
- Total Number of Shares in Issue: 158,169,916
- Shares Held in Treasury: 22,002,939 (these shares do not carry voting rights)
- Total Shares Circulating with Voting Rights: 136,166,977
- Voting Rights per Share: 1
Importance of Voting Rights Information
The total voting rights figure is crucial for both shareholders and potential investors. It acts as a basis for calculations that determine whether stakeholders need to disclose their interests or any changes to those interests regarding the company. This transparency is designed to foster a consistent understanding of share dynamics within Albion Venture Capital Trust PLC.
Contact Information
The team at Albion Venture Capital Trust PLC invites stakeholders to reach out with any further questions or for additional clarification regarding this information. For inquiries, please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What are total voting rights?
Total voting rights represent the number of votes shareholders possess in company decisions, which is determined by their shareholding status.
Why is total voting rights information important?
This information is vital as it helps shareholders understand their voting power and the need to disclose their interests in the company.
What is the significance of the class of shares?
The class of shares indicates the type of shares issued by the company, with each class potentially offering different voting rights and privileges.
What happens if my shareholding changes?
Shareholders may need to inform the company if their shareholding changes and crosses certain regulatory thresholds.
How can I contact Albion Venture Capital Trust for more details?
Interested individuals can reach out to Vikash Hansrani at Albion Capital Group LLP using the provided telephone number for more information.
