Director/PDMR Shareholding

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 P. H. Reeve (Director and Managing Partner - Albion Ventures LLP, the Investment Manager) A. Elder (Partner - 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 P. H. Reeve is a Director of Albion Enterprise VCT PLC, and the individuals referred to in 3 above are 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 of 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 50p each 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them P. H. Reeve - 50,063 Ordinary shares (direct holding) A. Elder - 9,982 Ordinary shares 8. State the nature of the transaction Issue of New Ordinary shares under Dividend Reinvestment Scheme 9. Number of shares, debentures or financial instruments relating to shares acquired P. H. Reeve                    875 Ordinary shares A. Elder                          29 Ordinary shares 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.003% (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 £0.857 per New Ordinary share 14. Date and place of transaction Dividend Reinvestment Scheme - allotment date 28 February 2011. Share certificates sent out to shareholders within 7 days. 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) P. H. Reeve - 50,938 Ordinary shares (0.165%) A. Elder - 10,011 Ordinary shares (0.032%) 16. Date issuer informed of transaction 11 March 2011 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 8 June 2011 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 [HUG#1522263]
UK 100

Latest directors dealings