Director/PDMR Shareholding

Director/PDMR Shareholding

ALBION ENTERPRISE VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 
1. Name of the issuer
 
Albion Enterprise VCT PLC
 
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; or
 
(ii) 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 of Albion Enterprise VCT PLC and Managing Partner - Albion Ventures LLP, the Investment Manager)
Lady Janet Balfour of Burleigh (Director of Albion Enterprise VCT PLC)
A. Elder        (Partner - Albion Ventures LLP)
C. Ruedig     (Partner - Albion Ventures LLP)
E. Lascelles  (Partner - Albion Ventures LLP)

Albion Ventures LLP (The Investment Manager)

 
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
 
Notification relates to a connected person, Lord Robert Balfour to Lady Janet Balfour of Burleigh referred to in 3 above. Lady Janet Balfour of Burleigh is a Director of Albion Enterprise VCT PLC. P. H. Reeve is also a Director of Albion Enterprise VCT PLC, and him and the other individuals referred to in 3 above are members 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 1p each.
 
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
 
P. H. Reeve -  63,572 Ordinary shares   (direct holding)
Lady Janet Balfour of Burleigh -   Ordinary shares 1,023 (direct holding)
Lord Robert Balfour of Burleigh - Ordinary shares 1,023 (connected person)
A. Elder -         13,804 Ordinary shares   (direct holding)
C. Ruedig -       14,630 Ordinary shares   (direct holding)
E.Lascelles -    15,331 Ordinary shares   (direct holding)

Albion Ventures LLP - 5,215 Ordinary shares (direct holding)

 
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 -                                   1,683  Ordinary shares
Lady Janet Balfour of Burleigh                27  Ordinary shares
Lord Robert Balfour of Burleigh               27  Ordinary shares
A. Elder -                                            365  Ordinary shares
C. Ruedig -                                          387  Ordinary shares
E.Lascelles                                         405  Ordinary shares

Albion Ventures LLP                       138  Ordinary shares

 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
0.008% (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
 
£0.9447 per New Ordinary share
 
14. Date and place of transaction
 
27 February 2015 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)
 
P. H. Reeve - 65,255 Ordinary shares (0.180%)
Lady Janet Balfour of Burleigh  -  1,050 Ordinary shares (0.003%)
Lord Robert Balfour of Burleigh  - 1,050 Ordinary shares (0.003%)
A. Elder -        14,169 Ordinary shares   (0.039%)
C. Ruedig -     15,017 Ordinary shares   (0.041%)
E.Lascelles -   15,736 Ordinary shares   (0.043%)

Albion Ventures LLP - 5,353 Ordinary shares (0.015%)

 
16. Date issuer informed of transaction
 
27th February 2015
 
Notes
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.
(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.
 
 
Name of contact and telephone number for queries:
 
Vikash Hansrani - tel: 020 7601 1850
Finance Director of Albion Ventures LLP as Company Secretary to Albion Enterprise VCT PLC
 
27th February 2015
 



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Enterprise VCT PLC via Globenewswire

HUG#1898072
UK 100

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