Albion Ven Cap Trust Offer Update
September 12 2017 - 3:34AM
UK Regulatory
TIDMAAVC
12 September 2017
Albion Venture Capital Trust PLC
Albion Venture Capital Trust PLC Prospectus Top Up Offer 2017/2018
Albion Venture Capital Trust PLC, which invests solely in asset-based
businesses, has decided to suspend its offer until it is clearer as to
what categories of investment by VCTs will be permitted in the future.
This decision was made in light of ongoing discussions in respect of
investment in asset-based businesses following publication in August
2017 by HM Treasury of the consultation document 'Financing growth in
innovative firms'.
It is anticipated that changes arising out of the consultation are
likely to be made in the Autumn Budget, which is expected in late
November or early December.
The Prospectus Top Up Offers for the other five Albion VCTs, which have
a broader investment policy to include growth and technology companies,
remain open.
Enquiries:
For further information, please contact:
Roland Cross
Four Broadgate
0203 697 4200
0783 140 1309
LEI No 213800JKELS32V2OK421
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Albion Venture Capital Trust PLC via Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
September 12, 2017 03:34 ET (07:34 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Albion Venture Capital (LSE:AAVC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Albion Venture Capital (LSE:AAVC)
Historical Stock Chart
From Oct 2023 to Oct 2024