Total Voting Rights and Capital Structure
Albion Technology & General VCT PLC is committed to transparency in its operations and shareholder communications. This article delves into the total voting rights and capital currently in circulation.
Current Voting Rights Overview
According to the Disclosure Guidance and Transparency Rule 5.6.1, it is essential for companies to maintain transparency regarding their voting rights. As of the current reporting date, the Company's issued share capital consists of a substantial number of shares.
Issued Share Capital Details
For Albion Technology & General VCT PLC, the issued share capital stands at an impressive 372,107,694 ordinary 1p shares. Among these, 28,037,873 shares are held in treasury without voting rights, leaving a total of 344,069,821 shares that confer voting rights. Each share carries a single voting right, empowering shareholders to participate effectively in decision-making processes.
Implications of Voting Rights
The total voting rights figures serve a crucial role. Shareholders and potential investors will use this data to determine their obligations under the regulations set forth by the Financial Conduct Authority (FCA). Specifically, these numbers may influence whether parties need to disclose their interests or any changes to their stakes in the Company.
Determining Shareholder Interests
Understanding the voting rights structure helps shareholders manage their positions. For instance, if an investor owns a significant number of voting shares, they must remain aware of any changes in their interests to comply with FCA rules. This ensures that all stakeholders maintain accountability and transparency, contributing to the integrity of the overall market.
Contact Information and Additional Resources
For those seeking further insights into the Company's capital structure and shareholding dynamics, direct communication is encouraged. The point of contact is:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the number of votes available to shareholders based on the shares they hold. In this context, each ordinary 1p share grants one vote.
Why are voting rights important for shareholders?
Voting rights enable shareholders to participate in key company decisions, such as electing directors or approving major changes to the company’s operations.
How does one determine their voting rights?
Shareholders can calculate their voting rights based on the number of shares they own that have voting privileges, as stipulated in the Company's reports.
Can shares lose their voting rights?
Yes, shares held in treasury do not have voting rights attached. Moreover, any changes in share classification by the company might also affect voting rights.
Who can I contact for more information?
You can reach out to Vikash Hansrani at Albion Capital Group LLP via phone at 020 7601 1850 for further information on voting rights and share capital.
