Director/PDMR Shareholding

ALBION ENTERPRISE 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 Enterprise 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. Names of persons discharging managerial responsibilities/director

M. Packe (Director)
Lady Janet Balfour of Burleigh (Director)
P. H. Reeve (Director and Managing Partner - Albion Ventures LLP, the Investment
Manager)
W. T. Fraser-Allen (Deputy Managing Partner - Albion Ventures LLP)
I. A. Anstis (Operations Partner - Albion Ventures LLP)
H. J. A. Stanford (Partner - Albion Ventures LLP)
E. Gigov (Partner - Albion Ventures LLP)
R. Whitby-Smith (Partner - Albion Ventures LLP)
M. Kaplan (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
D. Gudgin (Partner - Albion Ventures LLP)
E. Lascelles (Partner - Albion Ventures LLP)
W. A. Jenkins (Compliance Officer - Albion Ventures LLP)
K. W. Yu (Investment Manager - Albion Ventures LLP)
R. M. Aston (Financial Controller - 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

Direct for all and connected persons for Lady Janet Balfour of Burleigh

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

Beneficial interests

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

M. Packe - 102,100 Ordinary shares
Lady Janet Balfour of Burleigh - 10,350 Ordinary shares (via nominee)
P. H. Reeve - 41,551 Ordinary shares
W. T. Fraser-Allen -20,750 Ordinary shares (via nominee)
H. J. A. Stanford - 15,576 Ordinary shares
A. Elder - 8,280 Ordinary shares
D. Gudgin - 10,400 Ordinary shares
E. Lascelles - 10,350 Ordinary shares
W. A. Jenkins - 10,350 Ordinary shares
I. A. Anstis - 5,175 Ordinary shares
M. Kaplan - 7,245 Ordinary shares
E Gigov - 5,175 Ordinary shares

8. State the nature of the transaction

Issue of New Ordinary shares allotted under the Albion VCTs Linked Top Up Offer

9. Number of shares, debentures or financial instruments relating to shares
acquired

M. Packe                        12,645 Ordinary shares
Lady Janet Balfour of Burleigh   1,702 Ordinary shares and Lord Robert Balfour
of Burleigh (connected person) 1,702 Ordinary shares
P. H. Reeve                    8,512 Ordinary shares
W. T. Fraser-Allen        1,702  Ordinary shares
I. A. Anstis                     1,702  Ordinary shares
H. J. A. Stanford           1,702 Ordinary shares
E. Gigov                         1,702 Ordinary shares
R. Whitby-Smith          1,702 Ordinary shares
M. Kaplan                     1,702  Ordinary shares
A. Elder                          1,702  Ordinary shares
D. Gudgin                       1,702  Ordinary shares
E. Lascelles                    1,702  Ordinary shares
W. A. Jenkins                1,702  Ordinary shares
K. W. Yu                        851 Ordinary shares
R. M. Aston                   851 Ordinary shares

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

0.14%

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

£0.916 per New Ordinary share

14. Date and place of transaction

7 January 2011

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

M Packe                         114,745 Ordinary shares (0.370%)
Lady Janet Balfour of Burleigh   12,052 Ordinary shares (0.039%) and Lord Robert
Balfour of Burleigh (connected person) 1,702 Ordinary shares (0.005%)
P. H. Reeve                    50,063 Ordinary shares  (0.161%)
W. T. Fraser-Allen        22,452  Ordinary shares  (0.072%)
I. A. Anstis                     6,877  Ordinary shares (0.0222%)
H. J. A. Stanford           17,278 Ordinary shares (0.056%)
E. Gigov                         6,877 Ordinary shares  (0.0222%)
R. Whitby-Smith          1,702 Ordinary shares (0.005%)
M. Kaplan                     8,947  Ordinary shares (0.029%)
A. Elder                          9,982  Ordinary shares (0.032%)
D. Gudgin                       12,102  Ordinary shares (0.039%)
E. Lascelles                    12,052  Ordinary shares (0.039%)
W. A. Jenkins                12,052  Ordinary shares (0.039%)
K. W. Yu                        851 Ordinary shares (0.003%)
R. M. Aston                   851 Ordinary shares (0.003%)



16. Date issuer informed of transaction

11 January 2011

Name of contact and telephone number for queries

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

11 January 2011






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Source: Albion Enterprise VCT PLC via Thomson Reuters ONE

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