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An announcement from Crown Place VCT ( (GB:CRWN) ) is now available.
Albion Crown VCT PLC has repurchased 4,764,461 ordinary shares at 27.87 pence and 1,340,811 ordinary C shares at 36.96 pence per share, representing 1.00% of the total voting rights prior to the transaction. These shares will be cancelled, reflecting the board’s ongoing use of buybacks as a capital management tool that can enhance net asset value per share and support liquidity for investors.
Following the transaction, the company’s issued share capital comprises 522,417,904 ordinary shares and 128,553,741 ordinary C shares of 1 penny each, with 45,787,992 ordinary shares held in treasury. The total voting rights now stand at 605,183,653, a key reference figure for shareholders assessing disclosure obligations and monitoring their ownership thresholds under UK transparency rules.
More about Crown Place VCT
Albion Crown VCT PLC is a UK-listed venture capital trust that provides investors with access to a diversified portfolio of growth and income-focused investments, primarily targeting smaller UK companies. As a VCT, it aims to deliver tax-efficient returns to shareholders by backing businesses across a range of sectors while managing its capital base actively through share issues and buybacks.
Average Trading Volume: 16,343
Technical Sentiment Signal: Strong Buy
For a thorough assessment of CRWN stock, go to TipRanks’ Stock Analysis page.