Issue of Equity

Albion Development VCT PLC
The  final allotment for the Albion VCTs  Linked Top Up Offer (the 'Offer') took
place  on 16 May 2011. The Offer is now closed. The total raised under the Offer
across seven funds managed by Albion Ventures LLP was £11.78m.
The allotment on 16 May 2011 is in respect of the tax year ended 5 April 2012.
New  Ordinary Shares of  nominal value 50 pence  per share in Albion Development
VCT  PLC were issued under the Offer  (which was launched on 1 November 2010) on
16 May 2011 at an issue price of 77.1 pence per New Ordinary Share.
Applications  for 47,058 New Ordinary Shares in  Albion Development VCT PLC were
received.
The  net  proceeds  of  the  Offer  for this allotment are approximately £34,000
bringing  the  total  to  date  for  Albion Development VCT PLC to approximately
£1.65m.
Application  has been  made to  the Financial  Services Authority for 47,058 New
Ordinary  Shares to  be admitted  to the  Official List  and to the London Stock
Exchange  for the New  Ordinary Shares to  be admitted to  trading on the London
Stock Exchange's market for listed securities.
It  is expected that Admission  will become effective, and  that dealings in the
shares will commence on or before 8.00 a.m. on 25 May 2011.
Following  this allotment  and in  conformity with  the Transparency Directive's
transitional provision 6, we would like to notify the market of the following:
Albion  Development VCT PLC's capital as  at 16 May 2011 consists of 34,324,321
Ordinary  shares and 6,335,155 D shares, both with a nominal value of 50p each.
Albion Development VCT PLC holds 3,243,696 Ordinary shares in Treasury.
Therefore,  the total number of  voting rights in Albion  Development VCT PLC is
37,415,780, which  may  be  used  by  shareholders  as  the  denominator for the
calculations  by which they will determine if  they are required to notify their
interest  in, or a change to their interest in, Albion Development VCT PLC under
the FSA's Disclosure and Transparency Rules.
For further information, please contact:
 Patrick Reeve         020 7601 1850
 Albion Ventures LLP

17 May 2011






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Source: Albion Development VCT PLC - Ordinary Shares via Thomson Reuters ONE

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