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ALBION DEVELOPMENT VCT PLC M&A Activity 2024

Apr 24, 2024

4781_rns_2024-04-24_d51374f5-93db-4cc6-85f5-aae723ff65f7.html

M&A Activity

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National Storage Mechanism | Additional information

Albion Development VCT PLC

LEI Code 213800FDDMBD9QLHLB38

Portfolio company update

On 12 March 2024, it was announced that terms had been agreed for the sale of a company within the portfolio.

We are pleased to report that KnowBe4 has entered into a definitive agreement to acquire Egress Software Technologies. The transaction is expected to close in the coming months subject to customary closing conditions and regulatory approvals.

For further information please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Telephone: 020 7601 1850

24 April 2024