30 November 2012
Crown Place VCT PLC
Issue of Equity and Total Voting Rights
Crown Place VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme introduced by the Company (details of which were set out in the Circular issued to shareholders on 26 February 2009), the Company today allotted 187,936 Ordinary shares of 10p each (the "New Ordinary shares") in the capital of the Company. The New Ordinary shares were issued at a price of 31.87p, comprising the net asset value at 30 September 2012 less the dividend of 1.25 pence per Ordinary share.
Accordingly, application has been made to the UK Listing Authority for the admission of the New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on 3 December 2012. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
Following the issue of the New Ordinary shares, Crown Place VCT PLC's capital as at 30 November 2012 consists of 88,268,012 ordinary shares. Crown Place VCT PLC holds 8,805,910 Ordinary shares in Treasury.
Therefore the total number of voting rights in Crown Place VCT PLC is 79,462,102 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Crown Place VCT PLC under the FSA's Disclosure and Transparency rules.
For further information, please contact:
Isabel Dolan
Albion Ventures LLP
Tel: 020 7601 1850