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Crown Place VCT ( (GB:CRWN) ) just unveiled an announcement.
Albion Crown VCT PLC has issued 1,590,229 new Ordinary shares and 448,260 new Ordinary C shares under its Dividend Reinvestment Scheme, pricing the new stock based on the latest net asset values adjusted for recent dividends. The company has applied for these shares to be admitted to the FCA’s Official List and to trading on the London Stock Exchange, with the enlarged share capital taking total voting rights to 607,222,142, a new reference point for shareholders’ disclosure obligations.
Following this allotment, the company’s capital consists of 524,008,133 Ordinary shares, including 45,787,992 held in treasury, and 129,002,001 Ordinary C shares, all ranking pari passu with existing shares. The updated voting rights structure has implications for investors monitoring their percentage holdings, as it may affect whether they are required to notify the regulator of any changes under the Disclosure Guidance and Transparency Rules.
More about Crown Place VCT
Albion Crown VCT PLC is a UK-listed venture capital trust that provides investors with exposure to a diversified portfolio of growth-oriented, smaller UK companies. Its shares are traded on the London Stock Exchange, and it offers both Ordinary and C share classes to support tax-efficient investment in venture-stage businesses.
Average Trading Volume: 1,054,378
Technical Sentiment Signal: Strong Buy
See more data about CRWN stock on TipRanks’ Stock Analysis page.