Because the VCT business marks its thirtieth anniversary this yr, Albion’s announcement comes because the top-up provide for the Albion Expertise & Common VCT, Albion Crown VCT and Albion Enterprise VCT goes dwell, with the potential for a £30m over-allotment.
Mobeus VCTs launch share provide to boost £90m
The VCT supervisor mentioned the transfer displays “Albion’s confidence within the UK’s vibrant entrepreneurial ecosystem”, and comes after the Labour authorities greenlit the extension of the Sundown Clause for VCTs and Enterprise Funding Schemes final yr.
Over the previous three years, Albion has funnelled £16…