CORRECTION: Ordinary Shares : Director/PDMR Sha...

CORRECTION: Ordinary Shares : Director/PDMR Shareholding
This is a correction of the announcement from 14:16 20.06.2012 BST. Reason for the correction:

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. Name of person discharging managerial responsibilities/director
 
P. H. Reeve (Director of Albion Technology & General VCT PLC and Managing Partner - 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
 
P. H. Reeve is a Director of Albion Technology & General VCT PLC and Managing Partner 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 individual referred to in 3 above.
 
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
 
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 - 255,186 Ordinary shares (direct holding) and 73,450 Ordinary shares (nominee holding).
 
6,075 Ordinary shares held by minor children of P. H. Reeve
 
8. State the nature of the transaction
 
900 shares by way of gift
 
9. Number of shares, debentures or financial instruments relating to shares acquired
 
Nil
 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
N/A
 
11. Number of shares, debentures or financial instruments relating to shares disposed
 
900 shares in total
 
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
 
0.002%
 
13. Price per share or value of transaction
 
Transfer at nil consideration. Bid share price 19 June 2012 was 63p
 
14. Date and place of transaction
 
19 June 2012
 
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 - 254,286 Ordinary shares (direct holding), 73,450 Ordinary shares (nominee holding) (in total: 0.800%)
 
6,375 Ordinary shares held by minor children of P. H. Reeve (0.016%)
 
16. Date issuer informed of transaction
 
19 June 2012

For further information please contact:

Company Secretary
Albion Ventures LLP
Tel: 0207 601 1850



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#1623207

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