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)
W. T. Fraser-Allen (Deputy Managing Partner - Albion Ventures LLP)
I. A. Anstis (Operations Partner - Albion Ventures LLP)
H. J. A. Stanford (Partner - Albion Ventures LLP)
E. Gigov (Partner - Albion Ventures LLP)
R. Whitby-Smith (Partner - Albion Ventures LLP)
M. Kaplan (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
D. Gudgin (Partner - Albion Ventures LLP)
E. Lascelles (Partner - Albion Ventures LLP)
W. A. Jenkins (Compliance Officer - Albion Ventures LLP)
K. W. Yu (Investment Manager - Albion Ventures LLP)
R. M. Aston (Financial Controller - 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 and New C 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 - 71,302 Ordinary shares (direct holding), 74,872 Ordinary shares
(nominee holding) and 200,000 C Ordinary shares

Shares held by family members of P. H. Reeve:
 Cecilia Reeve - 1,100 Ordinary shares
Serena Reeve - 2,750 Ordinary shares
Emma Reeve - 1,355 Ordinary shares
Lucy Reeve - 300 Ordinary shares

W. T. Fraser-Allen - 10,700 Ordinary shares and 41,000 C Ordinary shares

H. J. A. Stanford - 2,000 Ordinary shares and 10,000 C Ordinary shares

A. Elder - 15,525 C Ordinary shares

D. Gudgin - 40,000 C Ordinary shares

E. Lascelles - 6,210 C Ordinary shares

W. A. Jenkins - 15,000 C Ordinary shares

8. State the nature of the transaction

Issue of New Ordinary shares and New C Ordinary shares

9. Number of shares, debentures or financial instruments relating to shares
acquired

P. H. Reeve                    4,133 Ordinary shares and 5,250 C Ordinary shares
W. T. Fraser-Allen        823 Ordinary shares and 1,050 C Ordinary shares
I. A. Anstis                     823 Ordinary shares and 1,050 C Ordinary shares
H. J. A. Stanford           823 Ordinary shares and 1,050 C Ordinary shares
E. Gigov                         823 Ordinary shares and 1,050 C Ordinary shares
R. Whitby-Smith          823 Ordinary shares and 1,050 C Ordinary shares
M. Kaplan                     823 Ordinary shares and 1,050 C Ordinary shares
A. Elder                          823 Ordinary shares and 1,050 C Ordinary
shares
D. Gudgin                       823 Ordinary shares and 1,050 C Ordinary shares
E. Lascelles                    823 Ordinary shares and 1,050 C Ordinary shares
W. A. Jenkins                823 Ordinary shares and 1,050 C Ordinary shares
K. W. Yu                        411 Ordinary shares and 525 C Ordinary shares
R. M. Aston                   411 Ordinary shares and 525 C Ordinary shares

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.104% (Ordinary shares); 0.048% (C 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

£0.948 per New Ordinary share and £0.743 per New C Ordinary share

14. Date and place of transaction

7 January 2011

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 - 75,435 Ordinary shares (direct holding), 74,872 Ordinary shares
(nominee holding) (in total: 1.157%) and 205,250 C Ordinary shares (0.592%)

Shares held by family members of P. H. Reeve:
 Cecilia Reeve - 1,100 Ordinary shares (0.008%)
Serena Reeve - 2,750 Ordinary shares (0.021%)
Emma Reeve - 1,355 Ordinary shares (0.01%)
Lucy Reeve - 300 Ordinary shares (0.002%)

W. T. Fraser-Allen - 11,523 Ordinary shares (0.089%) and 42,050 C Ordinary
shares (0.123%)

H. J. A. Stanford - 2,823 Ordinary shares (0.022%) and 11,050 C Ordinary shares
(0.032%)

A. Elder - 823 Ordinary shares (0.006%) and 16,575 C Ordinary shares (0.048%)

D. Gudgin - 823 Ordinary shares (0.006%) and 41,050 C Ordinary shares (0.12%)

E. Lascelles - 823 Ordinary shares (0.006%) and 7,260 C Ordinary shares (0.021%)

W. A. Jenkins - 823 Ordinary shares (0.006%) and 16,050 C Ordinary shares
(0.047%)

I. A. Anstis - 823 Ordinary shares (0.006%) and 1,050 C Ordinary shares (0.003%)

E. Gigov - 823 Ordinary shares (0.006%) and 1,050 C Ordinary shares (0.003%)

R. Whitby-Smith - 823 Ordinary shares (0.006%) and 1,050 C Ordinary shares
(0.003%)

M. Kaplan - 823 Ordinary shares (0.006%) and 1,050 C Ordinary shares (0.003%)

K. W. Yu - 411 Ordinary shares (0.003%) and 525 C Ordinary shares (0.002%)

R. M. Aston - 411 Ordinary shares (0.003%) and 525 C Ordinary shares (0.002%)


16. Date issuer informed of transaction

11 January 2011

Name of contact and telephone number for queries

Isabel Dolan - tel: [phone]
Partner of Albion Ventures LLP as Company Secretary to Albion Technology &
General VCT PLC

11 January 2011









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Source: Albion Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE

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