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Crown Place VCT ( (GB:CRWN) ) has shared an update.
Albion Crown VCT PLC has raised approximately £16.8 million through the allotment of 55,919,574 new ordinary shares at 31.03 pence each under its 2025/26 tax year top-up offer, bringing total net proceeds under the current prospectus to £29.1 million. The offer pricing was designed to avoid capital dilution for non-participating shareholders, and the new shares will rank equally with existing stock once admitted to trading in London later this month.
The joint Albion VCTs top-up offers, comprising separate offers across three Albion-managed VCTs, have now been fully subscribed, raising a total of £90 million and underscoring strong investor demand for the strategy. Following the latest issue, Albion Crown VCT’s total voting rights stand at 611,288,925 across ordinary and C shares, a key reference figure for investors monitoring disclosure thresholds and changes in significant shareholdings under FCA rules.
More about Crown Place VCT
Albion Crown VCT PLC is a UK-listed venture capital trust that invests in a portfolio of smaller, growth-oriented companies, providing investors with exposure to early-stage and expanding businesses. The trust is managed by Albion Capital Group and is structured to offer tax-efficient access to diversified venture capital investments within the UK market.
Average Trading Volume: 5,026
Technical Sentiment Signal: Strong Buy
For detailed information about CRWN stock, go to TipRanks’ Stock Analysis page.