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)
E. Lascelles (Partner - Albion Ventures LLP)
C. Ruedig (Partner - Albion Ventures LLP)
M.Cordeiro (Director of Albion Technology & General VCT PLC)
Albion Ventures LLP (The Investment Manager)
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
M. Cordeiro is a Director of Albion Technology & General VCT PLC. P. H. Reeve is also a Director of Albion Technology & General VCT PLC, and him and the other individuals referred to in 3 above are members 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 379,344 Ordinary shares (direct holding), 151,580 Ordinary shares (nominee holding) and 22,021 Ordinary shares (connected person holdings)
A. Elder 29,777 Ordinary shares
E. Lascelles 21,769 Ordinary shares
C. Ruedig 27,674 Ordinary shares
M. Cordeiro 4,446 Ordinary shares
Albion Ventures LLP 20,848 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 (connected persons) 6,392 Ordinary shares
A. Elder 478 Ordinary shares
E.Lascelles 350 Ordinary shares
C. Ruedig 444 Ordinary shares
M.Cordeiro 72 Ordinary shares
Albion Ventures LLP 334 Ordinary shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.010%
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
£0.7794 per New Ordinary share
14. Date and place of transaction
30 October 2015 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 385,427 Ordinary shares (direct holding), 151,580 Ordinary shares (nominee holding) and 22,330 Ordinary shares (connected person holdings) - (in total: 0.666%)
A. Elder 30,255 Ordinary shares (0.036%)
E. Lascelles 22,119 Ordinary shares (0.026%)
C. Ruedig 28,118 Ordinary shares (0.033%)
M. Cordeiro 4,518 Ordinary shares (0.005%)
Albion Ventures LLP 21,182 Ordinary shares (0.025%)
16. Date issuer informed of transaction
30 October 2015
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 October 2015
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.
(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#1962938