CROWN PLACE VCT PLC
The final allotment, for the tax year ending 5 April 2013, of New Ordinary shares of nominal value 10 pence per share in Crown Place VCT PLC under the Albion VCTs Top Up Offers 2012/2013 (which were launched on 19 October 2012) took place on 5 April 2013 at an issue price of 32.00 pence per New Ordinary share.
Applications for 4,116,991 New Ordinary shares in Crown Place VCT PLC were received.
The net proceeds for this allotment by the Company are approximately £1,277,950.
The gross sum raised by the Company by way of the issue of new shares in the last 12 months is approximately £1,802,000 (representing approximately 6.3% of the issued share capital).
Application has been made to the Financial Services Authority for 4,116,991 New Ordinary shares to be admitted to the Official List and to the London Stock Exchange for the New Ordinary shares to be admitted to trading on the London Stock Exchange's market for listed securities.
It is expected that admission will become effective and that dealings in the shares will commence on or before 8.00 a.m. on 18 April 2013.
As at this second closing of the Albion VCTs Top Up Offers 2012/2013 on 5 April 2013 the gross sum raised under the Offers was £11,200,000 (including amounts reinvested and applications received for the 2013/2014 tax year). The Offers constitute separate offers made by each of the Albion VCT's which are participating in it.
The Offer remains open until 12 June 2013 for the 2013/2014 tax year.
Following this allotment, and in conformity with the Transparency Directive's transitional provision 6, we would like to notify the market of the following:
Crown Place VCT PLC's capital as at 5 April 2013 consists of 92,263,708 Ordinary shares with a nominal value of 10 pence each. Of these, 8,794,410 Ordinary shares are held in Treasury.
Therefore, the total number of voting rights in Crown Place VCT PLC is 83,469,298, 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
020 7601 1850
5 April 2013