Albion Technology & General VCT (GB:AATG) has released an update.
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Albion Technology & General VCT is set to merge its six venture capital trusts into three, aiming to streamline operations and achieve significant cost savings of approximately £1.5 million annually. This merger is expected to simplify the investment process for shareholders and enhance the company’s ability to provide stable, long-term returns. Additionally, the company has announced subscription offers for the newly formed trusts, providing attractive investment opportunities with extended VCT tax reliefs.
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