No further posts on this blog until 12 November 2025

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High Court of Justice - 12 December 2024 at 10.30 hrs Open Court. [EDITED: 13 DECEMBER 2024]

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EDIT : 13 December. The hearing was resolved with an agreed order for disposal following the meetings of members held on 11 December in which the Members approved the Directors proposed amendements to the Management Agreements (a fee reduction of more than £3,000,000 pa) that included continuation of Albion Capital Group as Company Secretary presumably after considering the matters for which I sought the Register of Members and refused to remove Albion as Company Secretary.  The members voted to accept the Directors proposals without any disclosure having been made to them of the Directors and Albion's continued and continuing failures to comply with the Listing Rules and other breaches of the Companies Act. That matter now moves to other forums together with continuing demands to hold the Directors and Albion to account and make restitution for the, I say, now proven beyond reasonable doubt, unremedied Quantexa share dealing fraud. It may be appropriate to consider a Shareholder d...
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I have seen some outrageous corporate governance breaches in my time but today's just posted documents is outrageous.

https://find-and-update.company-information.service.gov.uk/company/03139019/filing-history https://find-and-update.company-information.service.gov.uk/company/03142609/filing-history https://find-and-update.company-information.service.gov.uk/company/03654040/filing-history All the remunerated directors resigned IMMEDIATELY AFTER they had appointed Will Fraser-Allen and Vikash Hansrani as Directors. That was neither discclosed in, nor authorised by, the Resolutions of the Merger documentattion Conclusion: All Directors love their fees but as soon as any responsibility arises they all do a runner and appoint their chums at Albion to the Board of the residual entity so that they can escape any and all blame and liability for dealings with the liquidators who have to chase Albion for the Quantexa and other frauds that Will Fraser-Allen personally perpetrated, and they approved, and then carefully drafted the below in the Merger documents to ensure the liquidators are in his pocket: " 1...
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"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.

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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...
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