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Albion Technology & General VCT PLC Reports Strong Financial Growth and Strategic Acquisition

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Albion Technology & General VCT ( (GB:AATG) ) just unveiled an update.

Albion Technology & General VCT PLC reported a 6.57% increase in total shareholder value for the year ended 31 December 2024, alongside a significant acquisition of Albion KAY VCT PLC’s assets and liabilities valued at £110.5 million. The company also announced a fund size growth to £251.3 million, a net asset value increase to 73.04 pence per share, and a successful sale of Egress, yielding over seven times the cost, indicating strong operational performance and strategic growth.

More about Albion Technology & General VCT

Albion Technology & General VCT PLC operates in the venture capital trust industry, focusing on providing investment opportunities in technology and general sectors. The company aims to deliver shareholder value through strategic acquisitions and investments, with a market focus on expanding its fund size and maximizing asset returns.

YTD Price Performance: 2.21%

Average Trading Volume: 11,249

Technical Sentiment Signal: Strong Sell

See more insights into AATG stock on TipRanks’ Stock Analysis page.

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