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Key Insights into Albion KAY VCT PLC's Share Structure

Key Insights into Albion KAY VCT PLC's Share Structure

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.

About The Author

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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.

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