Current Offers

ALBION VCTS PROSPECTUS TOP-UP OFFERS 2021/2022 ARE NOW OPEN  

 

Early Bird discount has now closed

Applications received to the 27 January totalling £40.7 million

 

Offers for Subscription to raise up to £80 million, with over-allotment facilities of up to a further £20 million in aggregate*.Albion Capital is pleased to announce the launch of the Albion VCTs Prospectus Top Up Offers 2021/2022 across the six Albion VCTs.

*Any election to make use of their over-allotment facility will be subject to the decision of the individual boards of the Companies in the light of investments and disposals made and anticipated by them at the relevant time.

KEY FEATURES OF THE OFFERS:

  • Invest across 6 Albion VCTs with an asset value of approximately £545m as at 30 September 2021
  • Structured as a portfolio of c.70 companies providing exposure to Albion’s target sectors diversified across various stages of development
  • Investment strategy with a focus on growth and technology
  • Target monthly tax-free income yield of 5% p.a. (equivalent to 7.1% p.a. net of up-front tax relief)
  • Dividend re-investment scheme provides a capital growth option
  • Experienced manager with a strong track record and specialist domain expertise

It is important that Investors read and fully understand the key risks involved before deciding whether their investment is right for them and we recommend Investors read the comprehensive list of risk factors and other information in the Prospectus, which is in the panel on the top right hand side of this page. 

DETAILS OF THE OFFERS:

Amounts subscribed will be invested equally across each of the six Albion VCTs or otherwise as directed by investors, subject to a minimum subscription of £1,000 for each VCT selected.

current offers

 

VCT costs

FOR ONLINE APPLICATION CLICK ON THE BUTTON BELOW

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PLEASE NOTE - PAYMENT DETAILS CAN BE FOUND ON PAGE 14 OF THE SECURITIES NOTE WHICH IS IN THE OFFER DOCUMENTS PANEL ON THE TOP RIGHT HAND OF THIS PAGE

Subscription monies must be paid electronically. 

WE WILL NOT BE ACCEPTING ANY APPLICATIONS OR CHEQUES BY POST DURING THIS FUNDRAISING.

We are keen to encourage Shareholders to receive communications electronically and investors who subscribe will be deemed to consent to electronic communication unless the box on the Application Form requesting hard copy documentation is ticked.

As an incentive, Albion Capital will donate £1 to charity for those who chose not to opt out of electronic communication. The two chosen charities are Whizz-Kidz (www.whizz-kidz.org.uk) and Generating Genius (generatinggenius.org.uk). 


For more information contact topup@albion.capital or ring 020 7601 1850.

For the latest news please also join us via the Albion Capital page on LinkedIn

 

We are keen to encourage Shareholders to receive communications electronically and investors who subscribe will be deemed to consent to electronic communication unless the box on the Application Form requesting hard copy documentation is ticked.
For more information contact topup@albion.capital or ring 020 7601 1850.

RISK WARNING

The information on these pages relating to VCTs managed by Albion Capital Group LLP (Albion) is directed at United Kingdom residents only. Shares in venture capital trusts ("VCTs") referred to on this website will not be offered to non-residents. No reliance is to be placed on the information contained on this website in making an application to subscribe for shares in VCTs managed by Albion.

Any such application may only be made on the basis of the relevant prospectus and/or offer document, which can be downloaded from this website or obtained from: Albion Capital Group LLP, 1 Benjamin Street, London EC1M 5QL (0207 601 1870). Prospective investors should ensure that they read the risk warnings set out in the prospectus and/or offer document. Albion does not provide financial advice and nothing on these web pages should be construed as investment or tax advice. An investment in a VCT should be considered a long-term investment and the tax treatment depends on the individual circumstances of each investor and may be subject to change in the future.

Under current legislation shares must be held for a minimum of five years for maximum tax benefits and may be affected by future legislation. If certain criteria are not met, for example if the investment is not held for five years or if the VCT does not invest 70% of its funds in qualifying investments, the tax breaks will be withdrawn and you may be required to repay any tax relief which you have received upfront. No VCT can guarantee that its investors will qualify for tax relief. You should not invest in a VCT simply for the tax benefits.The market price of VCT shares may not reflect the full underlying net asset value ("NAV") of shares and shareholders may have difficulty in selling their shares and any sale is likely to be at a discount to the NAV. Potential investors in VCTs managed by Albion should consult their financial advisers.

The value of shares in a VCT and the income from them may fluctuate and investors may not get back the amount they invested. The market price of VCT shares is unlikely fully to reflect their underlying net asset value. It is possible that there may not be a liquid market in the shares of VCTs and shareholders may have difficulty in selling their shares. Any sale is likely to be at a discount to net asset value. VCTs invest in a portfolio of small companies, which by their nature carry greater risk than larger, quoted companies. The tax reliefs available to investors in a VCT are dependent on it maintaining HM Revenue & Customs approval. A failure to meet the qualifying requirements could result in adverse tax consequences to investors, including a requirement to repay the income tax relief obtained. Investors must retain their VCT shares for the minimum period required to retain their initial tax relief. The tax rules and regulations governing VCTs are subject to change. The past performance of Albion Capital Group LLP as a fund manager is no guide to the future performance of its VCTs.

I confirm that I have read and understood the risks associated with a VCT investment

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