Albion Technology & General VCT PLC (AATG), a venture capital trust managed by AlbionVC LLP, has announced the allotment of 1,362,222 new Ordinary shares at 66.49 pence each under its long-standing Dividend Reinvestment Scheme, with dealings expected to commence on or around 2 November 2026. The shares were issued on 30 October 2026 and priced at a discount to the most recent net asset value of 68.19 pence per share, reflecting the deduction of a 1.70 pence dividend. Following the allotment, the company's total voting rights stand at 406,891,125 Ordinary shares, a figure shareholders may use as a denominator when calculating disclosure obligations under FCA rules.

Key Points

  • Albion Technology & General VCT PLC (AATG), managed by AlbionVC LLP
  • 1,362,222 new Ordinary shares allotted at 66.49p each under the Dividend Reinvestment Scheme on 30 October 2026
  • Issue price reflects a net asset value of 68.19p per share less a dividend of 1.70p; dealings expected on or around 2 November 2026
  • Investors should monitor total voting rights, now 406,891,125, for FCA disclosure threshold calculations

AATG's Dividend Reinvestment Scheme Drives October 2026 Share Allotment

The new Ordinary shares were allotted pursuant to the Dividend Reinvestment Scheme originally established under a circular issued to shareholders on 18 April 2008, with amended terms and conditions available on the company's website at albion.vc. Each share carries a nominal value of one penny and was issued at 66.49 pence, a price derived by subtracting the 1.70 pence dividend from the most recent net asset value of 68.19 pence per Ordinary share. The scheme allows qualifying shareholders to receive dividends in the form of additional shares rather than cash, a mechanism commonly used by VCTs to retain capital within the fund.

Admission to the London Stock Exchange's Official List Anticipated Around 2 November 2026

Application has been made to admit the 1,362,222 new Ordinary shares to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities. The announcement states that dealings are expected to commence on or around 2 November 2026. The new shares will rank pari passu in all respects with the existing Ordinary shares already in issue, meaning they carry identical rights to dividends, voting, and capital distributions, with no preferential or subordinate treatment attached to the newly allotted stock.

Total Voting Rights Reach 406,891,125 Following the October Allotment

Following the allotment, the total capital of AATG as at 30 October 2026 comprises 439,262,072 Ordinary shares, of which 32,370,947 are held in treasury and therefore excluded from voting calculations. The resulting total of 406,891,125 voting rights serves as the reference denominator shareholders must use when assessing whether they are required to notify the FCA of an interest in, or change to an interest in, the company under the Disclosure Guidance and Transparency Rules. Investors approaching regulatory notification thresholds should review their holdings in light of this updated figure.