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.
