ANNUAL GENERAL MEETING UPDATE
The AGM for Albion Development VCT PLC was held on 9 June 2020.
Please see below the Q&A received from shareholders, a presentation from the Manager, and the final proxy vote results:
A) Questions & Answers AADV Q&A AGM 9 June 2020
B) Results presentation Albion Capital AGM Meeting
C) Proxy vote results AADV AGM Proxy Voting Results 9 June 2020.pdf
An additional Q&A document relating specifically to Covid-19 from the Manager can be found below:
Albion Development VCT PLC is a venture capital trust which raised a total of £33.3 million through the issue of Ordinary shares between 1999 and 2004 (the C shares merged with the Ordinary shares in 2007) and a further £6.3 million was raised through the issue of D shares in 2010. The D shares converted to ordinary shares on 31 March 2015.
The Company’s investment policy is intended to provide investors with a regular and predicable source of dividend income combined with the prospects of long term capital growth. This is achieved by establishing a diversified portfolio of holdings in smaller, unquoted companies whilst at the same time selecting and structuring investments in such a way as to reduce the risks normally associated with investment in such companies.
Further details regarding the total shareholder return for C Shares and D shares can be found under the 'Financial Summary for Previous Funds' section.
Computershare Investor Services PLC can be contacted at their Investor Centre on +44 (0)870 873 5853 (Calls are charged at no more than your current providers national call rate and calls may be recorded. Lines are open Monday - Friday, 8:30am - 5:30pm). Alternatively you can visit their website by clicking the "registrar" link.