Albion Development VCT PLC
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.
Dividends paid and recently declared since launch:
Ordinary shares
113.57p
Total Return:
Ordinary shares
207.47p
*Where applicable, Net Asset Value is reduced by dividend declared.
** Adjusted NAV as announced 2 March 2023
** Adjusted NAV as announced 2 March 2023
Financial calendar:
Financial year end
Last dividend paid
Last dividend paid out
2.34p per share
Half yearly
AGM
The London Stock Exchange code for the VCT is AADV
Dividend reinvestment scheme
Shareholders who want to receive dividend as cash and decide not to amend their income option via Investor Centre (the online portal) must complete a payment of interest form and send directly to Computershare at this address.
If the shareholder is in the dividend reinvestment scheme, Computershare will also require a written confirmation from the shareholder to be fully removed from the scheme.
Contact
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.
