Understanding Total Voting Rights and Capital of Albion Crown VCT PLC
Albion Crown VCT PLC is keen to provide shareholders and the market with thorough details regarding its voting rights and capital structure.
The information is aligned with the regulations outlined in Disclosure Guidance and Transparency Rule 5.6.1. This ensures transparency for market participants regarding the financial structure of the company.
Issued Share Capital Overview
As of the latest reporting date, the issued share capital and voting rights of Albion Crown VCT PLC are outlined below:
Share Class Details
Albion Crown VCT PLC has a diversified structure of share classes that contribute to the overall voting rights. The total issued share capital includes ordinary shares as well as ordinary C shares, each carrying voting rights.
Key Voting Rights Data
The specified details illustrate the number of shares outstanding and their respective voting rights:
- Ordinary Shares of 1p: A total of 432,713,945 shares are issued, with 386,925,953 shares carrying voting rights. There are 45,787,992 shares held in treasury, which do not confer any voting rights.
- Ordinary C Shares of 1p: There are 131,590,289 shares issued under this class, all of which also have voting rights attached to them.
Total Capital Summary
The cumulative figures present the total voting rights and capital availability:
- Total Shares Issued: 564,304,234 shares, with a total of 518,516,242 shares in circulation that have voting rights attached.
- Treasury Shares: As mentioned, 45,787,992 shares are held in treasury without voting rights.
Implications of Voting Rights for Stakeholders
The total number of voting rights is essential for shareholders and other stakeholders when making decisions regarding their interests in the company. These figures serve as a key determinant for notifying interests in accordance with the Financial Conduct Authority's rules.
Importance of Transparency
By transparently sharing this information, Albion Crown VCT PLC aims to foster trust and openness among its shareholders and the wider market. This commitment to transparency is vital in promoting a solid corporate structure and engaging stakeholders.
Future Considerations
As the market evolves, shareholders must stay informed about any changes in share capital and voting rights, given that alterations can arise from various corporate actions, including new share issuances or buybacks.
Contact Information for Inquiries
If there are any inquiries or requests for additional information, shareholders can reach out directly to:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What are total voting rights?
Total voting rights indicate the shares that are entitled to vote in a company, impacting decision-making processes.
How does treasury stock affect voting rights?
Treasury stock does not confer voting rights as these shares are held by the company itself, reducing the total votes available.
Why is transparency in voting rights important?
Transparency in voting rights ensures that shareholders are informed about their stake in the company and any changes that may affect their control.
What is the LEI code for Albion Crown VCT PLC?
The LEI code for Albion Crown VCT PLC is 213800SYIQPA3L3T1Q68.
How can shareholders vote on company matters?
Shareholders can vote at annual general meetings or through proxies, based on the number of voting shares they hold.
