Albion Technology & General VCT PLC Overview
Albion Technology & General VCT PLC is committed to providing transparent and detailed information regarding its share capital and voting rights. In adherence to the Disclosure Guidance and Transparency Rules, we present important figures that offer valuable insight to our shareholders and potential investors.
Total Voting Rights and Share Capital
As of the latest calculations, the issued share capital and voting rights stand as a critical indicator of the company's governance and operational structure. The total issued share capital comprises ordinary shares, which represent the ownership stake of shareholders in the company.
Key Figures
To provide a clearer picture, here are the fundamental aspects of our current capital structure:
- Class of Share: Ordinary 1p shares
- Total Number of Shares Issued: 217,490,327
- Treasury Shares: 28,037,873 (no voting rights)
- Total Shares with Voting Rights: 189,452,454
- Voting Rights Per Share: 1
These figures indicate the extent of voting rights available to holders of ordinary shares. The voting rights serve as a vital tool for shareholders to influence the strategic decisions of the company, including director elections and policy decisions.
Implications for Shareholders
The total number of voting rights can be pivotal for shareholders who must comply with the regulatory requirements of reporting their stakes in the company. Under the FCA's guidelines, shareholders can use the total voting rights figure as a benchmark for determining any obligations related to their share ownership. This helps ensure that all shareholders remain in compliance while promoting fair shareholder engagement.
Understanding Treasury Shares
A significant aspect to highlight is the treasury shares. While these shares are issued, they do not confer voting rights. Understanding the impact of treasury shares is essential, as they can affect the total voting pool and the influence of ordinary shareholders during critical decision-making processes.
Contact Information for Further Inquiries
For any questions or further clarifications about share capital and voting rights, shareholders and interested parties are encouraged to reach out directly. The following contact is available for your inquiries:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What are total voting rights in a company?
Total voting rights refer to the overall number of votes that shareholders can exercise at company meetings, impacted by the number of shares they hold.
What is the significance of treasury shares?
Treasury shares are stocks that were issued but are held by the company itself. These shares do not have voting rights and can affect the distribution of power among shareholders.
How do shareholders calculate their interest in the company?
Shareholders must use the total number of shares and their holding to assess if they need to report their stake or any changes under transparency rules.
Who can I contact for more information regarding the company's voting rights?
For inquiries about voting rights or share capital, you can reach out to Vikash Hansrani at Albion Capital Group LLP.
What does the voting rights per share indicate?
The voting rights per share specify how many votes are assigned to each ordinary share held, typically one vote per share in this case.
