Albion Crown VCT PLC

Albion Venture Capital Trust VCT has now merged into Albion Crown VCT. To access all the details click below

Albion Crown VCT PLC's financial year ends 30 June

Key Highlights

Dividends paid and recently
declared since launch:

Ordinary shares

71.38p

NAV* (unaudited) at 31 December 2024:

Ordinary shares

30.39p

Total Return:

Ordinary shares

101.77p

Dividends paid and recently
declared since launch**:

C shares

196.65p

NAV* (unaudited) at 31 December 2024:

C shares

42.19p

Total Return**:

C shares

238.84p

Last dividend paid (ordinary shares)

30/04/2025

0.78p

Last dividend paid (C shares)

30/04/2025

1.08p

*Where applicable, Net Asset Value is reduced by dividend declared.
**Includes dividends paid to the historic Albion Venture Capital Trust PLC ordinary shares since inception that merged into the new class of C shares in Albion Crown VCT PLC.

The London Stock Exchange code for the VCT is CRWN

Performance Data - Ordinary shares

5.6%
6.8%
23.9%
66.6%
1 year return
3 year return
(average 2.3% p.a)
5 year return
(average 4.8% p.a)
10 year return
(average 6.7% p.a)

The diagram above shows the one year, three year, five year and ten year total return to Ordinary shareholders. This return comprises dividends paid and the change in net asset value over the relevant periods to 31 December 2024.

Performance Data - C shares*

-2.2%
-3.7%
4.3%
50.6%
1 year return
3 year return
(average -1.2% p.a)
5 year return
(average 0.9% p.a)
10 year return
(average 5.1% p.a)

The diagram above shows the one year, three year, five year and ten year total return to C shareholders. This return comprises dividends paid and the change in net asset value over the relevant periods to 31 December 2024.

* The C shares performance data above includes the historic Albion Venture Capital Trust PLC ordinary shares performance, up to the merger into the new class of C shares in Albion Crown VCT PLC on 19 December 2024.

Net asset value per share and total shareholder value - Ordinary shares

80.67
2016
84.71
2017
89.23
2018
93.02
2019
92.87
2020
98.13
2021
98.13
2022
101.31
2023
101.99
2024
101.77
2025*
Net Asset Value Cumulative Dividend

The chart above illustrates the movement in net asset value per share plus cumulative dividends paid in the past ten years to 31 December 2024.
* Period to 31 December 2024

Net asset value per share and total shareholder value - C shares*

211.78
2016
220.24
2017
225.83
2018
233.80
2019
229.93
2020
237.17
2021
242.72
2022
242.87
2023
239.38
2024
237.41
2024**
238.84
2025***
Net Asset Value Cumulative Dividend

The chart above illustrates the movement in net asset value per share plus cumulative dividends paid in the past ten years to 31 December 2024.

* The C shares performance data above includes the historic Albion Venture Capital Trust PLC ordinary shares performance, up to the merger into the new class of C shares in Albion Crown VCT PLC on 19 December 2024.
** Period up to merger on 19 December 2024
*** Period to 31 December 2024

Percentage movement in shareholder value in the year - Ordinary shares

2020 2021 2022 2023 2024 2025*
(0.4%) 15.9% 6.1% 3.2% 2.0% (0.7%)

The figures in the table above represent the percentage movement in Ordinary shareholder value on opening NAV over the past five years. The Company has delivered an average increase in Ordinary shareholder value on opening NAV of 5.3% per annum over the past five year ends.

* Period to 31 December 2024

Percentage movement in shareholder value in the year - C shares*

2022 2023 2024 2024** 2025***
7.6% 0.3% (6.9%) (4.4%) 3.4%

The figures in the table above represent the percentage movement in C shareholder value on opening NAV over the past five years.

* The C shares performance data above includes the historic Albion Venture Capital Trust PLC ordinary shares performance, up to the merger into the new class of C shares in Albion Crown VCT PLC on 19 December 2024.
** Period up to merger on 19 December 2024
*** Period to 31 December 2024

Financials

AGM

The next AGM will be held virtually on 27 November 2025.

The 2024 AGM is available to watch on-demand.

2024 AGM Recording

2024 Manager Presentation

Portfolio highlights

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Healthcare

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Infrastructure

Elliptic

Software

Phasecraft

DeepTech

Dividends

We operate a variable dividend policy which targets an annual dividend yield of around 5% of the prevailing net asset value, paid bi-annually.

The Albion VCTs operate Dividend Re-investment Schemes. Investors who would prefer a capital growth option can re-invest their dividends to obtain more shares in the VCTs.

Any amounts reinvested are eligible for income tax relief of 30%, subject to the investor’s tax position.

Investors wishing to take advantage of this opportunity should read the dividend reinvestment schemes T&C below.

Shareholders who are in the dividend reinvestment scheme but want to receive dividend as cash can amend their income option via Investor Centre.

Shareholders can also amend their income option by completing a Payment of Interest form, found below, and send directly to Computershare.

If the shareholder choses to amend their income option via the Payment of Interest form, Computershare will also require a written confirmation from the shareholder to be fully removed from the scheme

Corporate Governance

Inside Information Announcements

16 August 2024 13:30 – NAV Update

24 July 2024 13:04 – Merger Discussions

12 March 2024 15:30 – Portfolio and NAV Update

2 March 2023 18:00 – Portfolio and NAV Update

21 June 2021 12:15 – Portfolio and NAV Update

3 August 2021 11:00 – NAV Update

Nomination Committee terms of reference

Remuneration Committee terms of reference

Audit and Risk Committee terms of reference

Additional Information

Dividend Reinvestment Scheme

Shareholders who want to receive dividend as cash and decide not to amend their income option via Investor Centre (the online portal) must complete a payment of interest form and send directly to Computershare.

If the shareholder is in the dividend reinvestment scheme, Computershare will also require a written confirmation from the shareholder to be fully removed from the scheme.

Contact

Computershare Investor Services PLC can be contacted at their Investor Centre on +44 (0)370 873 5860 (Calls are charged at no more than your current providers national call rate and calls may be recorded. Lines are open Monday – Friday, 8:30am – 5:30pm).

Alternatively you can visit their website www.computershare.com/uk.

Our Other VCTs

Albion manages a stable of VCTs which are publicly listed investment trusts, with assets of over c.£680m invested across over 60 companies.

Want to learn more about our VCTs?
Contact Us

Bryony Butler

Business Development Manager

Stuart Mant

Head of Business Development