Understanding Share Capital and Voting Rights at Albion Tech
Understanding Share Capital and Voting Rights
Albion Technology & General VCT PLC
LEI Code: 213800TKJUY376H3KN16
According to the Disclosure Guidance and Transparency Rule 5.6.1, Albion Technology & General VCT PLC wishes to inform the market about some crucial details
Current Share Capital Status
As of a recent date, the issued share capital and voting rights of the Company are comprised of the following:
Class and Nominal Value of Shares
They currently have Ordinary 1p shares with the following specifics:
- Total number of shares issued: 411,081,989
- Shares held in treasury (no voting rights): 32,370,947
- Shares in circulation with voting rights: 378,711,042
- Voting rights per share: 1
This total voting rights figure is important for shareholders and other individuals as it serves as the denominator for understanding whether they need to notify any interest or changes regarding their shareholding under the FCA's Disclosure Guidance and Transparency Rules.
Importance of Understanding Share Rights
Comprehending voting rights is critical for shareholders of Albion Technology & General VCT PLC. This knowledge assists shareholders in making informed decisions about their investments and exercising their rights within corporate governance. Having a clear insight into how many shares are circulating and the voting rights associated with them allows shareholders to strategize effectively.
Contact Information for Inquiries
For further details, shareholders and interested parties are encouraged to reach out for more insights about the company:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What is Albion Technology & General VCT PLC?
Albion Technology & General VCT PLC is a venture capital trust that invests in technology-driven businesses.
How many voting rights does each share have?
Each Ordinary 1p share has 1 voting right attached to it.
What does the treasury shares mean?
The treasury shares are those shares bought back by the company that do not confer any voting rights.
Why is it important to understand voting rights?
Understanding voting rights is crucial as it determines how much influence shareholders have in corporate decisions.
How can shareholders use total voting rights?
Shareholders can utilize the total voting rights as a basis for determining their obligations under regulatory frameworks regarding disclosure.
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