Director/PDMR Shareholding

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. Names of persons discharging managerial responsibilities/director
                                       
Ebbe Dinesen                Director (Albion Venture Capital Trust PLC)
Patrick Reeve:              (Managing Partner - Albion Venture LLP, the investment manager)
Emil Gigov:                   (Partner - Albion Ventures LLP)
William Fraser-Allen    (Partner - Albion Ventures LLP)
Robert Whitby-Smith (Partner - Albion Ventures LLP)
David Gudgin:              (Partner - Albion Ventures LLP)
E. Lascelles:                  (Partner - Albion Ventures LLP)
Andrew Elder:               (Partner - Albion Ventures LLP)
Christoph Ruedig:        (Investment Manager - Albion Ventures LLP)
Isabel Anstis:                (Partner - Albion Ventures LLP)
William Jenkins:           (Staff - 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
 
Ebbe Dinesen  is a Director of Albion Venture Capital Trust PLC. The remaining individuals referred to in 3 above are members of staff for 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 for 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
                                       
Ebbe Dinesen                9,901 Ordinary shares (Nominee)
Patrick Reeve:              32,435Ordinary shares (direct holding) and 11,353 Ordinary shares (Nominee)
Emil Gigov:                   6,256 Ordinary shares (direct holding)
William Fraser-Allen    7,756 Ordinary shares (direct holding) and 4,401 Ordinary shares (Nominee)
Robert Whitby-Smith 6,256 Ordinary shares (direct holding)
David Gudgin:              6,361Ordinary shares (direct holding)
E. Lascelles:                  3,113 Ordinary shares (direct holding)
Andrew Elder:               3,412Ordinary shares (direct holding)
Christoph Ruedig:        6,522 Ordinary shares (direct holding)
Isabel Anstis:                7,820 Ordinary shares (direct holding) and 9,000 Ordinary shares (Nominee)
William Jenkins:           3,113Ordinary shares (direct holding)
 
8. State the nature of the transaction
 
Issue of New Ordinary shares allotted under the Albion VCTs Top Up Offers 2012/2013
 
9. Number of shares, debentures or financial instruments relating to shares acquired
                   
Ebbe Dinesen                6,619 Ordinary shares
Patrick Reeve:              2,206 Ordinary shares
Emil Gigov:                   2,206 Ordinary shares
William Fraser-Allen    2,206 Ordinary shares
Robert Whitby-Smith 2,206 Ordinary shares
David Gudgin:              6,619 Ordinary shares
E. Lascelles:                  2,206 Ordinary shares
Andrew Elder:               2,206 Ordinary shares
Christoph Ruedig:        6,619 Ordinary shares
Isabel Anstis:                2,206 Ordinary shares
William Jenkins:           2,647 Ordinary shares 
 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
0.103% (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
 
£0.778 per New Ordinary share
 
14. Date and place of transaction
 
19 December 2012, London Stock Exchange.
 
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
 
                                       
Ebbe Dinesen                6,619 Ordinary shares (Direct) and 9,901 Ordinary shares (Nominee) ( 0.033%)
Patrick Reeve:              34,641Ordinary shares and 11,353 Ordinary shares (Nominee) (0.082%)
Emil Gigov:                   8,462Ordinary shares (0.015%)
William Fraser-Allen    9,962 Ordinary shares (0.0%) and 4,401 Ordinary shares (Nominee) (0.028%)
Robert Whitby-Smith 8,462 Ordinary shares (0.015%)
David Gudgin:              12,980 Ordinary shares (0.023%)
E. Lascelles:                  5, 319 Ordinary shares (0.009%)
Andrew Elder:               5,618 Ordinary shares (0.010%)
Christoph Ruedig:        13,141 Ordinary shares (0.023%)
Isabel Anstis:                10,026 Ordinary shares and 9,000 Ordinary shares (Nominee) (0.034%)
William Jenkins:           5,760 Ordinary shares (0.010%)
 
16. Date issuer informed of transaction
 
19 December 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 Venture Capital Trust PLC
 
20 December 2012


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(i) the releases contained herein are protected by copyright and other applicable laws; and
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information contained therein.

Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE
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