Albion Capital is intending to raise £36 million for its six VCTs in early January 2019.
The Albion VCTs’ combined portfolios have a current value of around £400 million*, diversified across approximately 60 businesses. The planned top up offers reflect Albion Capital’s confidence in an exciting pipeline of investment opportunities in sectors with long-term growth potential. Over the last five years the Albion VCTs have returned an average of 7.5% p.a.** excluding tax relief.
Full details of the Offers will be contained in a prospectus that is expected to be published in early January 2019 and will soon be available on the Albion Capital website.
*As at 30 June 2018. **Performance of the VCTs over 5 years to 30 June 2018, being the cumulative return for the period comprising dividends paid and change in net asset value. This does not include tax relief. Past performance is not a guide to future performance.
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