Albion Technology & General VCT PLC - Ordinary ...

Albion Technology & General VCT PLC - Ordinary Shares : Director/PDMR Shareholding

ALBION TECHNOLOGY & GENERAL 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 Technology & General 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)
I. A. Anstis (Partner - Albion Ventures LLP)
R. Whitby-Smith (Partner - Albion Ventures LLP)
W. Fraser-Allen (Partner - Albion Ventures LLP)
E. Gigov (Partner - Albion Ventures LLP)
C. Ruedig (Investment Manager - 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 Technology & General 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 - 245,935 Ordinary shares (direct holding) and 73,450 Ordinary shares (nominee holdings) and shares held by family members 8,646.  
I. A. Anstis - 1,611 Ordinary shares
R. Whitby-Smith 1,639 Ordinary shares
W. Fraser-Allen 44,233 Ordinary shares
E. Gigov 1,639 Ordinary shares
 
8. State the nature of the transaction
 
Issue of New Ordinary shares under the first allotment of the Albion VCTs Linked Top Up Offer 2011/12
 
9. Number of shares, debentures or financial instruments relating to shares acquired
 
P. H. Reeve -1,754 Ordinary shares (direct holding)
I. A. Anstis - 2,632 Ordinary shares
R. Whitby-Smith 1,754 Ordinary shares
W. Fraser-Allen 1,754 Ordinary shares
E. Gigov 1,754 Ordinary shares
C. Ruedig 3,509 Ordinary shares
 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
0.03% (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
 
£0.889 per New Ordinary share
 
14. Date and place of transaction
 
10 January 2012. Share certificates sent out to shareholders within 14 business 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 - 247,689 Ordinary shares (direct holding) and 73,450 Ordinary shares (nominee holdings) and shares held by family members 8,646 (in total: 0.827%) 
I. A. Anstis - 4,243 Ordinary shares (0.011%)
R. Whitby-Smith 3,393 Ordinary shares (0.009%)
W. Fraser-Allen 45,987 Ordinary shares (0.115%)
E. Gigov 3,393 Ordinary shares (0.009%)
C. Ruedig 3,509 Ordinary shares (0.009%)
 
16. Date issuer informed of transaction
 
10 January 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 Technology & General VCT PLC
 
11 January 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 Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE

HUG#1576944
UK 100

Latest directors dealings