Albion VCTs requests to convene General Meetings of the 3 Albion VCTs.

This is why Investment Managers annual and performance fees need to be scrapped for a "cost plus" until profits are realised: let us hope the Chancellor agrees. QUANTEXA offers an interesting insight for arguments to be put to The Chancellor in her requested "consultation". First off - well done Albion for spotting the opportunity - the only VCT that did, even with the bribery,  fraud and corporate failings in which they later indulged. (NB. AUDITORS AND "VALUERS" TO ALL PARTIES: BDO llp !) Total Cash Invested across all Albion VCTs (2017-2020):                                                       £10,075k  Annual fees paid (based on AADV 2.5% plus 20%) before any realised profit:                    £4,536k Performance fees paid in 2018 and 2020: £520k + £465k ...

On Friday 7th November 2025 Howard Kennedy llp filed a single application in the High Court [Ref: CR-2025-007855] on behalf of the 3 remaining Albion VCTs to prevent the Members being ciruclarised to vote on the Articles being amended to correct present faulty Directors retirement provisions, and most importantly to continue their malpractice of preventing Members participating in General Meetings as required by the law. Anyone going to the 18th November shareholder "seminar"? Do contact me for copy flyers. ............................................................................................................................ [UPDATE 27 NOVEMBER - COPY DOCUMENT LINKS NOW PROVIDED] copy documents and legal arguments will be URL linked here when Court sealed copies have been served and my acknowledgment of service filed].  Claim:     https://app.box.com/s/dlvnbadudi8lnij4rw42agmtmdcbxq2n Acknowledgment of Service:  https://app.box.com/s/c568xncyh80uwy79qjv0u29...

After the recent High Court hearings, the issuance of a new "Top-up" Prospectus and the disgraceful misconduct of Ben Larkin, a Registered Solicitor and the Chair of AAEV at that Company's recent AGM, I have "resubmitted" my requests to convene General Meetings of the 3 Albion VCTs. The signed originals have been delivered by hand to 1 Benjamin Street.at 11.00am today.  The cases for Merger of the 3 remaining Trusts into one , and proposed amendments to the Articles of Association to prevent others ever again repeatiing Ben Larkin's gross misconduct, are now irrefutable.  The evidence supporting the proposed resolutions will be set out in the Letter to Members with URL links to source documents, and will be published and circulated even if application is made to the High Court to prevent shareholders being made formally aware of the misconduct of their recalcitrant Directors and Officers, individually and collectively and without exception, and to stop their...

With thanks to all the publicity about the awful Octopus situation, the size of the iceberg is now clearly visible.. Concrete proof that VCT Directors just manipulate Net Asset Values to suit their own ends. Albion Capital Group and the directors of the VCTs are guilty of outright fraud, false accounting and balance sheet manipulation before, at and after the time of the mergers by using valuations they knew (should have known and/or shall be deemed to have known) to be inconsistent with the bases that the VCT accounts state when compared to the "dog" of all VCTs - Octopus Titan VCT - that has every reason to "puff" the values and uses exactly the same bases of valuations. This amounts to fraud on the pre-merger and pre-prospectus shareholders whose interest were improperly diluted.... all for the benefit of the members of Albion Capital Group llp and the Directors ongoing fees. The Chairman of AAEV's words ring very hollow indeed about their rigorous scrutiny o...

[UPDATE 18 September] The Albion website now contains links to the AAEV AGM recording (YouTube) and the presentation slides. The Chairman confirmed questions were received before the AGM as he and his colleagues had requested.  Mine were neither put to the meeting nor answered, nor were the properly made Points of Order and request for Adjournment. Those questions and requests are now available under terms of qualified privilege for AGMs at:     https://app.box.com/s/1uy3dablcgtvwfnned1m6ylehnqxduvc Readers attention is drawn to the admissions in the recording that Albion is now set on Annual fund raising further confirming the PONZI schemes being run by it and the VCT Directors. Will Fraser-Allen confirmed the falsity and scam of the QUANTEXA Series F "funds raised". Neither he nor the Chairman addressed the ZERO priced warrants that dilute Albion's valuation by £50,000,000. I wonder what hasty action is being taken by the Albion Crown Directors ahead of it's forthc...

  https://garymarcus.substack.com/p/llms-coding-agents-security-nightmare If they can't even get their real world data and Company Law Compliance obligations in order, one has to wonder what is going on under the skin. Do read the article in its entirety and really worry about the entire UK sector - even (or particularly) when populated by ex MI5 and MI6 spooks as advisors who lie through their teeth about the amount raised in the latest Series F round.