Strong demand for the top-up offers from Albion Capital Group's venture capital trusts for the 2021/2022 tax year led the boards of two more of the VCTs to exercise over-allotment facilities.
Albion Enterprise VCT PLC and Albion Technology & General VCT PLC announced that they will exercise their over-allotment facilities, following a similar move for the Albion Development VCT PLC earlier in the month.
The Technology & General VCT has increased the maximum amount it can raise under the offers to £24mln from £20mln, before issue costs.
The Enterprise VCT has upped its maximum amount to £21.5mln from £20mln.