Director/PDMR Shareholding

ALBION VENTURE CAPITAL TRUST 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 Venture Capital Trust 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

J.G.T. Thornton (Director)

4. State  whether  notification  relates  to  a  person  connected with a person
discharging  managerial  responsibilities/director  named  in 3 and identify the
connected person

J.G.T. Thornton (Director)

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

J.G.T. Thornton (direct holding)

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

J.G.T. Thornton – 29,538
Shares held by nominee – 20,000
Shares held by family members: Mrs C M Thornton – 17,289

8 State the nature of the transaction

Purchase of shares as part of a dividend reinvestment scheme

9. Number  of  shares,  debentures  or  financial instruments relating to shares
acquired
J.G.T. Thornton – 930
Mrs C M Thornton – 544

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

0.004%

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

£0.794

14. Date and place of transaction

6 January 2010 (dealings commence 7 January 2010)

15. Total  holding following notification and total percentage holding following
notification  (any  treasury  shares  should  not  be  taken  into  account when
calculating percentage)

J.G.T. Thornton – 30,468 (0.09%)
Shares held by nominee – 20,000 (0.06%)
Mrs C M Thornton – 17,833 (0.05%)

16. Date issuer informed of transaction

6 January 2010

Name of contact and telephone number for queries

Isabel Dolan – tel: [phone]
Partner  of Albion Ventures  LLP as Company  Secretary to Albion Venture Capital
Trust PLC

6 January 2010





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