Albion Technology & General VCT PLC Issues Equity and Provides Total Voting Rights Update

Strategic Insights -

Albion Technology & General VCT PLC, a company that invests in early-stage technology and general ventures, has announced the allotment of 1,376,604 new Ordinary shares to its investors. This move is in line with the company's Dividend Reinvestment Scheme, which allows shareholders to reinvest their dividends to purchase additional shares. The new shares were issued at a price of 68.93p per Ordinary share, based on the company's net asset value and dividend payment.

Key Takeaways:

  • The company has allotted 1,376,604 new Ordinary shares, bringing the total number of Ordinary shares to 411,081,989.
  • The new shares were issued at a price of 68.93p per Ordinary share, comprising the net asset value of 70.70p per share less the dividend of 1.77p per Ordinary share.
  • The new shares will rank pari passu with the existing Ordinary shares in all respects.
  • Following the issue, the total number of voting rights in the company is 378,711,042, which can be used to calculate notification thresholds under the FCA's Disclosure Guidance and Transparency Rules.
  • The dividend payment of 1.77p per Ordinary share will be paid to shareholders.
  • Application has been made for the admission of the new Ordinary shares to the Official List of the Financial Conduct Authority and for trading on the London Stock Exchange's main market.

Statistics:

  • 1,376,604 new Ordinary shares have been allotted as part of the Dividend Reinvestment Scheme.
  • The new shares have been issued at a price of 68.93p per Ordinary share.
  • The total number of Ordinary shares in issue is now 411,081,989.
  • The total number of voting rights in the company is 378,711,042.
  • The dividend payment of 1.77p per Ordinary share will be paid to shareholders.

Sources:

  • Albion Technology & General VCT PLC, "Issue of Equity and Total Voting Rights" (31 October 2025)
  • London Stock Exchange, "Admission of Ordinary Shares"
  • Financial Conduct Authority, "Disclosure Guidance and Transparency Rules"