Director/PDMR ShareholdingALBION TECHNOLOGY & GENERAL VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Albion Technology & General VCT PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) 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
P. H. Reeve (Director of Albion Technology & General VCT PLC and Managing Partner - Albion Ventures LLP, the Investment Manager)
A. Elder (Partner - Albion Ventures LLP)
D. Gudgin (Partner - Albion Ventures LLP)
E. Lascelles (Partner - Albion Ventures LLP)
C. Ruedig (Investment Director - Albion Ventures LLP)
M.Cordeiro (Director of Albion Technology & General VCT PLC)
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
P. H. Reeve and Mary Anne Cordeiro are Directors of Albion Technology & General VCT PLC. The other individuals referred to in 3 above are staff of 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 and indirect holdings of 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 1p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
P. H. Reeve - 399,471 Ordinary shares (direct holding), 151,580 Ordinary shares (nominee holding) and 2,750 Ordinary shares (connected person holding)
A. Elder - 22,492 Ordinary shares
D. Gudgin - 51,982 Ordinary shares
E Lascelles - 18,557 Ordinary shares
C. Ruedig - 25,229 Ordinary shares
M Cordeiro - 4,054 Ordinary shares
8. State the nature of the transaction
Issue of New Ordinary shares under Dividend Reinvestment Scheme
9. Number of shares, debentures or financial instruments relating to shares acquired
P. H. Reeve (incl. family members) 106 Ordinary shares
A. Elder 338 Ordinary shares
D. Gudgin 780 Ordinary shares
E.Lascelles 151 Ordinary shares
C. Ruedig 379 Ordinary shares
M.Cordeiro 61 Ordinary shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.002%
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
£0.8325 per New Ordinary share
14. Date and place of transaction
30 April 2014. 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)
P. H. Reeve - 399,577 Ordinary shares (direct holding), 151,580 Ordinary shares (nominee holding) and 2,750 Ordinary shares (connected person holding) - (in total: 0.709%)
A. Elder - 22,830 Ordinary shares (0.029%)
D. Gudgin - 52,762 Ordinary shares (0.067%)
E. Lascelles - 18,708 Ordinary shares (0.024%)
C. Ruedig - 25,608 Ordinary shares (0.033%)
M. Cordeiro - 4,115 Ordinary shares (0.005%)
16. Date issuer informed of transaction
30 April 2014
Name of contact and telephone number for queries
Vikash Hansrani
Tel: 020 7601 1850
Finance Director of Albion Ventures LLP as Company Secretary to Albion Technology & General VCT PLC
30 April 2014
Notes
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.
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 Technology & General VCT PLC - Ordinary Shares via Globenewswire
HUG#1781498