23rd Mar 2016 16:17
LONDON (Alliance News) - Venture-capital trust Albion Enterprise VCT PLC said Wednesday its offer for subscription has closed, after having reached its GBP6.0 million limit.
Albion Enterprise announced it was issuing shares through an offer for subscription on November 17, with a GBP4.25 million maximum and a further GBP1.75 million pursuant to an over allotment facility.
Albion Enterprise said on Wednesday it was fully subscribed.
Shares in Albion were down 1.6% at 90.00 pence on Wednesday.
By Hannah Boland; [email protected]; @Hannaheboland
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