Albion Venture Capital Trust PLC

ANNUAL GENERAL MEETING UPDATE

The AGM for Albion Venture Capital Trust VCT PLC was held on 19 August 2020.

Please see below the Q&A received from shareholders, a video of the whole AGM, a presentation from the Manager, and the final proxy vote results:

A)    Questions & Answers         PDF iconAAVC Q&A AGM 19 August 2020.pdf

B)    Results presentation           AAVC AGM Video

C)    Manager's Presentation     PDF iconAAVC AGM Manager's Presentation August 2020.pdf

D)    Proxy vote results              PDF iconAAVC Proxy Results 19 Aug 2020.pdf

An additional Q&A document relating specifically to Covid-19 from the Manager can be found below:

PDF iconCOVID-19 Q&A

As a shareholder in Albion Venture Capital Trust you should have received an email invitation to the AGM with the details of how to attend the webinar via, free to download webinar software, Zoom. If we do not have your current email address registered with Computershare and you would like to attend, please get in touch with Head of Marketing, Victoria Scott, vscott@albion.capital 

Albion Venture Capital Trust PLC is a venture capital trust which raised a total of £39.7 million through an issue of Ordinary shares in the spring of 1996 and through an issue of C shares in the following year. The Company raised a further £40.6 million under the Albion VCTs Top Up Offers since 2011.

On 25 September 2012, Albion Prime VCT PLC (“Prime”) was merged with Albion Venture Capital Trust PLC (“the Company”) and in consideration of the transfer to the Company of all Prime assets and liabilities, each Prime shareholder received 0.8801 shares in the Company for each Prime share that they held at the date of the Merger.

Dividends paid and recently declared since launch:
162.30p
NAV* at 30 June 2020:
69.31p
Total Return:
231.61p
*Where applicable, Net Asset Value is reduced by dividend declared
Financial calendar:
2.50p per share
AAVC

Further details regarding the total shareholder return for Albion Venture Capital Trust PLC 'C Shares' and Albion Prime VCT PLC can be found under the 'Financial Summary for Previous Funds' section.

Contact

Computershare Investor Services PLC can be contacted at their Investor Centre on +44 (0)370 873 5849 (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.

Registered in England, No 03142609
Registered office: 1 Benjamin St, Farringdon, London, EC1M 5QL
Member of The Association of Investment Companies