Closure of Offer under Albion VCTs Prospectus T...

ALBION DEVELOPMENT VCT PLC

Closure of Offer under Albion VCTs Prospectus Top Up Offers 2015/2016

The Board of Albion Development VCT PLC (the "Company") is pleased to announce that it has reached its £6m limit under its offer pursuant to the Prospectus dated 17 November 2015, which as of today is fully subscribed and has now closed.

Applications for shares in the Company received subsequent to the offer closing will be dealt with in accordance with prospective investors' instructions on their application forms.

23 March 2016

For further information, please contact:
Albion Ventures LLP
Telephone: [phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Development VCT PLC - Ordinary Shares via Globenewswire

HUG#1997139