Understanding the Voting Rights and Capital of Albion KAY VCT PLC
Albion KAY VCT PLC is making important strides in conveying its share structure and voting rights to the market. The company adheres to the requirements set out in the Disclosure Guidance and Transparency Rules, specifically Rule 5.6.1, to keep their stakeholders informed.
Current Share Capital Details
As per the most recent update, dated 31 October, the detailed breakdown of Albion KAY VCT PLC's share capital reveals significant insights. Here are the key numbers regarding their issued share capital and voting rights:
Share Classification
The company has issued regular ordinary shares, distinguished by their nominal value of 1 pence.
Total Number of Shares
In total, there are approximately 648,869,236 ordinary shares issued. This figure is crucial for current and prospective investors as it reflects the volume of shares contributing to the company’s capital.
Treasury Shares and Voting Rights
Out of the total shares, about 87,982,092 shares are held as treasury shares, which do not come with voting rights. This detail is significant for shareholders and informs them how many shares actively participate in voting.
Circulating Shares with Voting Rights
Consequently, the total number of shares conferring voting rights stands at 560,887,144. Each share, distinctly, carries a single voting right, which simplifies calculations by shareholders regarding their voting power.
Implications for Shareholders
The total number of voting rights—560,887,144—serves as a crucial metric for shareholders. It enables them to understand their voting power in relation to the overall share structure of Albion KAY VCT PLC. By knowing this number, shareholders can determine their obligations to notify the company or the Financial Conduct Authority (FCA) of any changes in their shareholdings as per the regulations.
Contact Information
For those interested in further details or inquiries, feel free to reach out to:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What is the total number of issued shares for Albion KAY VCT PLC?
The total number of issued shares is approximately 648,869,236 ordinary shares.
How many shares are held in treasury?
There are around 87,982,092 shares held in treasury, which do not possess voting rights.
What is the total number of shares with voting rights?
The total number of circulating shares with voting rights is 560,887,144 shares.
Who should shareholders contact for more information?
Shareholders can contact Vikash Hansrani at Albion Capital Group LLP for further inquiries.
Why is knowing the voting rights important for shareholders?
Understanding voting rights helps shareholders assess their influence in company decisions and ensures compliance with reporting obligations to the FCA.