Albion VCTs

Shareholder Engagement

Rules of the Financial Conduct Authority, implementing the Shareholder Rights Directive (EU 2017/828), impose requirements on Albion Capital Group LLP to the extent it invests or has invested, on behalf of investors, in shares listed on a regulated market.  Albion Capital manages several venture capital trusts and private limited funds all of which pursue a venture capital investment strategy, investing in unlisted early stage or growth companies.  Shares listed on a regulated market are generally only held as a result of an investment in unlisted securities and are not expected to be held on a long-term basis.  Accordingly, Albion Capital has determined that it is not appropriate to develop an engagement policy for the purposes of the Shareholder Rights Directive.