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Albion Venture Capital Announces Successful Merger Resolutions

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Albion Venture Capital ( (GB:AAVC) ) just unveiled an announcement.

Albion Venture Capital Trust PLC has announced that during their recent general meetings, all proposed resolutions were successfully passed for each of the six companies involved in the merger. The resolutions included the merger of the companies into three entities, subscription offers, and revised fee arrangements with their investment manager, Albion Capital Group LLP. This successful passing of resolutions signifies a strategic move towards consolidating their operations, thereby potentially enhancing operational efficiency and market reach.

More about Albion Venture Capital

YTD Price Performance: -6.26%

Average Trading Volume: 115,472

Technical Sentiment Consensus Rating: Buy

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