tiprankstipranks
Albion Enterprise Announces Special Dividend
Company Announcements

Albion Enterprise Announces Special Dividend

Albion Enterprise VCT (GB:AAEV) has released an update.

Don't Miss Our Christmas Offers:

Albion Enterprise VCT PLC has announced a special dividend of 13.50 pence per share following a lucrative sale of Egress Software Technologies that yielded a return seven times the investment. The dividend will be distributed on October 25, 2024, to shareholders who are on the register by October 4, 2024. This move is to ensure the company maintains its VCT qualifying status, balancing the need for cash liquidity and the requirement to be 80% invested in qualifying ventures.

For further insights into GB:AAEV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskAlbion Enterprise VCT Announces Board Appointment and Share Allotment Post-Merger
TipRanks UK Auto-Generated NewsdeskAlbion Enterprise VCT Appoints New Non-Executive Directors
TipRanks UK Auto-Generated NewsdeskAlbion VCT Companies Announce Successful Mergers
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App