Director/PDMR Shareholding

ALBION DEVELOPMENT 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 Development 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. 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 - 22,115
Shares held by nominee - 20,000
Shares held by family members: Mrs C M Thornton - 26,787

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 - 1,176

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

£0.752

14. Date and place of transaction

25 September 2009 (dealings commence 28 September 2009)

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 - 23,291 (0.08%)
Shares held by nominee - 20,000 (0.07%)
Mrs C M Thornton - 26,787 (0.09%)



16. Date issuer informed of transaction

25 September 2009

Name of contact and telephone number for queries

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

25 September 2009

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.