Directorate change

ALBION DEVELOPMENT VCT PLC - BOARD CHANGE

This announcement includes information required under LR 9.6.

Albion Development VCT PLC ("The Company") wishes to announce that on 17 March 2017, Andrew Phillipps, who has been on the Board since October 2007 has stepped down as Director of the Company with immediate effect.

The Board would like to thank Andrew for his great contribution to the Company over the many years.

17 March 2017

For further information, please contact
Patrick Reeve
Albion Ventures LLP 0207 601 1850

LEI Code 213800FDDMBD9QLHLB38

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Source: Albion Development VCT PLC - Ordinary Shares via Globenewswire