Closure of Offer under Albion VCTs Prospectus T...

ALBION DEVELOPMENT VCT PLC

LEI Code 213800FDDMBD9QLHLB38

The Board of Albion Development VCT PLC (the "Company") is pleased to announce that it has reached its £4m limit under its offer pursuant to the Prospectus dated 29 November 2016, which as of today is fully subscribed and has now closed.

Applications for shares in the Company received subsequent to the offer closing will be dealt with in accordance with prospective investors' instructions on their application forms.

As of this date, the remaining five VCTs participating in the Albion VCTs Prospectus Top Up Offers 2016/2017 are still open.

30 January 2017

For further information, please contact:
Albion Ventures LLP
Telephone: [phone]

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Development VCT PLC - Ordinary Shares via Globenewswire