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Understanding Voting Rights and Capital Structure at Albion Tech

Understanding Voting Rights and Capital Structure at Albion Tech

Overview of Voting Rights and Capital Structure

Albion Technology & General VCT PLC aims to keep its shareholders well-informed about its voting rights and capital structure. This information is essential for all investors and stakeholders to understand their position within the company.

Current Capital and Voting Rights

As of the recent reporting date, the issued share capital of Albion Technology & General VCT PLC indicates the following details:

Class of Shares: Ordinary 1p shares

Total Shares Issued

The company has issued a total of 411,982,871 ordinary shares. This total is significant as it represents the company's overall capital contribution from its shareholders.

Treasury Shares

Currently, there are 28,037,873 shares held in treasury. These shares do not carry voting rights and are set aside for various potential corporate actions, such as resale or employee incentives.

Shares with Voting Rights

After accounting for the treasury holdings, the total number of shares in circulation with voting rights is 383,944,998. This figure is crucial for shareholders as it determines their voting power in company matters.

Voting Rights Per Share

Each share grants one voting right to the shareholder, solidifying the principle that every share holds equal importance in decision-making processes at Albion Technology & General VCT PLC.

Importance of Voting Rights Calculation

The total number of voting rights can be utilized by shareholders or stakeholders to calculate whether they need to disclose their interest in the company as mandated by the FCA's Disclosure Guidance and Transparency Rules. This transparency is vital for maintaining fair market practices.

Contact Information

For any inquiries regarding voting rights and capital structure, shareholders are encouraged to reach out to:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850

Frequently Asked Questions

What are the total voting rights at Albion Technology?

The total voting rights at Albion Technology are 383,944,998 attached to the shares currently in circulation.

How many shares are held in treasury?

There are 28,037,873 shares currently held in treasury, which do not have voting rights.

What does each share represent in terms of voting?

Each ordinary share represents one voting right for the shareholder.

Why is it important for shareholders to know voting rights?

Understanding voting rights is essential for shareholders to ensure they comply with the FCA's rules and to assess their influence in company decisions.

Who can I contact for more information?

For further inquiries, shareholders can contact Vikash Hansrani, Operations Partner at Albion Capital Group, via phone at 020 7601 1850.

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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