Albion Development VCT PLC
The Annual General Meeting of Albion Development VCT PLC was held by webinar on the Hopin platform on 12 May 2021 at 12:00. We had 171 shareholders registered for the event and 114 attended live. To view the livestream video of the event, see the AGM Q&As or the Managers' presentation please go to the AGM update button on the right of the screen.
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
106.55p
Total Return:
Ordinary shares
188.56p
*Where applicable, Net Asset Value is reduced by dividend declared.
**As announced on 21 June 2021, the adjusted NAV for 31 March 2021 is 87.78p
**As announced on 21 June 2021, the adjusted NAV for 31 March 2021 is 87.78p
Financial calendar:
Financial year end
Last dividend paid
Last dividend paid out
2.06p per share
Half yearly
The London Stock Exchange code for the VCT is AADV
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.
