Crown Place VCT PLC
Issue of Equity and Total Voting Rights
LEI Code 213800SYIQPA3L3T1Q68
Crown Place VCT PLC (the “Company”) announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the circular issued to shareholders on 26 February 2009), the Company allotted 1,077,920 Ordinary shares of nominal value 1 penny each (the “New Ordinary shares”) in the capital of the Company on 31 March 2023. The New Ordinary shares were issued at a price of 32.72 pence per Ordinary share, comprising the 31 December 2022 net asset value of 31.79 pence per share, adjusted for the 1.72 pence per share uplift announced on 2 March 2023, less the dividend of 0.79 pence per Ordinary share.
Accordingly, application has been made to the UK Listing Authority for the admission of the 1,077,920 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 April 2023. 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, the capital of the Company as at 31 March 2023 consists of 308,110,787 Ordinary shares of which 38,617,058 Ordinary shares are held in treasury.
Therefore the total number of voting rights in the Company is 269,493,729 which may be used by shareholders or other persons 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, the Company under the FCA’s Disclosure Guidance and Transparency Rules.
31 March 2023
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
