Albion Crown VCT Issues 44.25 Million New C Shares Ahead of Share Conversion
Albion Crown VCT PLC (CRWC) has issued 44,253,919 new C shares through a share premium capitalisation. The issuance brings the venture capital trust's total voting rights to 647,577,024. Shares of the company were trading at 27.9 GBX, up 0.35% for the day.
The share issuance expands the company's capital base to 520,916,877 ordinary shares and 172,448,139 C shares, with 45,787,992 ordinary shares held in treasury. Updating the total voting rights provides shareholders with the total denominator needed to calculate ownership stakes and notification requirements under regulatory rules.
Trading admission for the new C shares is scheduled for on or around October 14, 2026. The company expects to convert the C shares into ordinary shares on October 16, 2026, completing a planned structural update that could impact share liquidity and per-share metrics.
Key points
- Albion Crown VCT PLC issued 44,253,919 new C shares via a share premium capitalisation.
- Total voting rights increased to 647,577,024 following the issuance.
- Admission of the new C shares is expected on or around October 14, 2026.
- Conversion of C shares into ordinary shares is expected to take effect on October 16, 2026.
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How many new C shares did Albion Crown VCT PLC issue?
Albion Crown VCT PLC issued 44,253,919 new C shares through a share premium capitalisation.
When will the new C shares convert to ordinary shares?
The conversion of C shares into ordinary shares is expected to take effect on October 16, 2026.
What is Albion Crown VCT PLC's new total voting rights count?
Following the share issuance, the company's total voting rights stand at 647,577,024.