Issue of Equity

Albion Enterprise 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 Enterprise VCT PLC were issued under the Offer (which was launched on 1 November 2010) on 16 May 2011 at an issue price of 92.3 pence per New Ordinary Share. Applications for 39,309 New Ordinary Shares in Albion Enterprise VCT PLC were received. The net proceeds of the Offer for this allotment are approximately £34,000 bringing the total to date for Albion Enterprise VCT PLC to approximately £1.65m. Application has been made to the Financial Services Authority for 39,309 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 Enterprise VCT PLC's capital as at 16 May 2011 consists of 32,383,484 Ordinary shares with a nominal value of 50p each.  Albion Enterprise VCT PLC holds 274,010 Ordinary shares in Treasury. Therefore, the total number of voting rights in Albion Enterprise VCT PLC is 32,109,474, 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 Enterprise 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 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#1516648]
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