Patrick Reeve, Chairman of Albion Capital Group llp, agrees to resign as a Director of the VCTs without a meeting of shareholders to compel him to do so.

 16.00hrs yesterday 12 November 2024

https://data.fca.org.uk/artefacts/NSM/Portal/NI-000107596/NI-000107596.pdf

Comments

Post a Comment

Popular posts from this blog

Anyone else going to make submissions to the useless FCA after today's invite? WIll they finally stop Richard Seewald and Evolution Equity Partners lying when telling the SEC and the world that it is regulated by the FCA?

https://www.fca.org.uk/news/press-releases/fca-seeks-further-views-enforcement-transparency-proposals I wonder what they will make of Albion's continuing failure to comply with requirements of the Listing Rules despite being told time and time again what they have to do? Pride comes before a fall. Did you know that 75% of Albion's investments have serious Company Law Compliance failures within the last 5 years? Not least when Richard Seewald sits on the Board of Directors. Mind you .... it is interesting to look at the other Listed Venture Capital Funds and the dire record of their and their investments compliance status. Comments on the false statements at the CRWN AGM, and the answers to questions, await the provision of the recording on Albion's website - it only lasted 40 minutes but the Chairman said he was restricting the number of questions due to time constraints! Seems to me that the FCA has to stop the abuse by management of virtual meetings to stifle shareholder ...
Read more

"A call to arms" to all members of Albion Enterprise VCT plc. Help prevent High Court blocking you meeting to expose Albion Capital Group's systemic FRAUD, self dealing and gross negligence.

Image
I am a member of all 6 of Albion's LSE Listed VCTs and have discovered major fraud involving self dealing in the shares of one of the investments spread across 5 of the VCTs and 2 of Albion's non-listed funds. In accordance with s116 Companies Act 2006 I formally requested a copy of the Register of Members of Albion Enterprise VCT plc (AAEV), where Patrick Reeve, the Chairman of the Investment Manager Albion Capital Group llp, is also a Director. My request stated: Patrick Reeve applied to the High Court for a non-disclosure order of the register to ANY and all members of AAEV . Paragraph 2 says it all. The High Court immediately listed the matter for a directions hearing on 4 November. Yesterday Reeve asked the Court for the hearing to be cancelled and not relisted before :           the in-person Seminar of Meeting of invited members of all the VCTs on 20 November  AND the same day             "Growth Investor" Ga...
Read more

Letter to each of the Directors of the 6 Albion VCTs [EDIT 19 December] [2nd EDIT 31 December]

(Embargoed until deemed served) https://app.box.com/s/tuqaevo1q1acsb4dvscdetl4jswm0193 [EDIT: Now not being made public until Quantexa's accounts for y/e 31 March 2024 filed at Companies House - nb due by 31 December 2024. NB they have been completed and are ready to file.... watch out for the mythical Chimera (sorry typo: Centaur) status of ever slowing ARR growth rates.] [2nd EDIT] It's Groundhog day. Companies House state, by personal phone enquiry, thay they have no record of Quantexa's accounts being received yet. Now why would Quantexa take so long when they have been bragging about their ARR for the year since June? Or did they do that to help Albion and it's silly comments about revaluing its shares because of that new business development. Anyone seen the Independent Valuers Report (s593 Companies Act 2006) mentioned in Albion's merger documents as being available on its website? Did the valuers not accept the Quantexa Unicorn/Centaur thesis? Curioser and...
Read more