Albion Enterprise VCT PLC : Director/PDMR Share...
ALBION ENTERPRISE VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 - see below.
(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 - N/A.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 - N/A.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 - N/A.
1. Name of the issuer
Albion Enterprise VCT PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006; or
(iii) both (i) and (ii)
Notification in accordance with (iii)
3. Names of persons discharging managerial responsibilities/director
Lady Janet Balfour (Director Albion Enterprise VCT PLC)
Patrick Reeve: (Director Albion Enterprise VCT PLC and Managing Partner - Albion Venture LLP, the investment manager)
Emil Gigov: (Partner - Albion Ventures LLP)
William Fraser-Allen (Partner - Albion Ventures LLP)
Robert Whitby-Smith (Partner - Albion Ventures LLP)
David Gudgin: (Partner - Albion Ventures LLP)
E. Lascelles: (Partner - Albion Ventures LLP)
Andrew Elder: (Partner - Albion Ventures LLP)
Christoph Ruedig: (Investment Manager - Albion Ventures LLP)
Isabel Anstis: (Partner - Albion Ventures LLP)
William Jenkins: (Staff - Albion Ventures LLP)
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Lady Janet Balfour and Patrick Reeve are Directors of Albion Enterprise VCT PLC. The remaining individuals referred to in 3 above are members of staff of Albion Ventures LLP, the Investment Manager.
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
The notification is in respect of direct holdings for the individuals referred to in 3 above.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
New Ordinary shares of 1 penny each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Lady Janet Balfour 17,266 Ordinary shares (Nominee and connected person holding)
Patrick Reeve: 55,663 Ordinary shares (direct holding)
Emil Gigov: 8,602 Ordinary shares (direct holding)
William Fraser-Allen 3,427 Ordinary shares (direct holding) and 20,750 Ordinary shares (Nominee)
Robert Whitby-Smith 3,427 Ordinary shares (direct holding)
David Gudgin: 14,151 Ordinary shares (direct holding)
E. Lascelles: 12,052 Ordinary shares (direct holding)
Andrew Elder: 10,587 Ordinary shares (direct holding)
Christoph Ruedig: 3,587 Ordinary shares (direct holding)
Isabel Anstis: 9,468 Ordinary shares (direct holding)
William Jenkins: 12,052 Ordinary shares (direct holding)
8. State the nature of the transaction
Issue of New Ordinary shares allotted under the Albion VCTs Top Up Offers 2012/2013
9. Number of shares, debentures or financial instruments relating to shares acquired
Lady Janet Balfour 2,873 Ordinary shares (Direct holding) and Lord Robert Balfour (Connected person) 2,873 Ordinary shares
Patrick Reeve: 1,915 Ordinary shares
Emil Gigov: 1,915 Ordinary shares
William Fraser-Allen 1,915 Ordinary shares
Robert Whitby-Smith 1,915 Ordinary shares
David Gudgin: 5,747 Ordinary shares
E. Lascelles: 1,915 Ordinary shares
Andrew Elder: 1,915 Ordinary shares
Christoph Ruedig: 5,747 Ordinary shares
Isabel Anstis: 1,915 Ordinary shares
William Jenkins: 2,299Ordinary shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.102% (Ordinary shares)
11. Number of shares, debentures or financial instruments relating to shares disposed
Nil
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
£0.896 per New Ordinary share
14. Date and place of transaction
19 December 2012, London Stock Exchange.
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
Lady Janet Balfour 2,873 Ordinary shares (Direct holding) and 17,266 Ordinary shares (Nominee) (0.080%) Lord Robert Balfour (Connected person) 2,873 Ordinary shares (0.009%)
Patrick Reeve: 57,578 Ordinary shares (0.178%)
Emil Gigov: 10,517 Ordinary shares (0.033%)
William Fraser-Allen 5,342 Ordinary shares (Direct holding) and 20,750 Ordinary shares (Nominee) (0.081%)
Robert Whitby-Smith 5,342 Ordinary shares (0.017%)
David Gudgin: 19,898 Ordinary shares (0.062%)
E. Lascelles: 13,967 Ordinary shares (0.043%)
Andrew Elder: 12,502 Ordinary shares (0.039%)
Christoph Ruedig: 9,334 Ordinary shares (0.029%)
Isabel Anstis: 11,383 Ordinary shares (0.035%)
William Jenkins: 14,351 Ordinary shares (0.044%)
16. Date issuer informed of transaction
19 December 2012
Name of contact and telephone number for queries
Isabel Dolan - tel: 020 7601 1850
Partner of Albion Ventures LLP as Company Secretary to Albion Enterprise VCT PLC
20 December 2012
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Albion Enterprise VCT PLC via Thomson Reuters ONE
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Albion Enterprise VCT PLC via Thomson Reuters ONE
HUG#1666739
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