Doc re. Reduction in share capital and cancella...

Albion Technology & General VCT PLC

Reduction in share capital and cancellation of capital redemption and share premium reserves

Albion Technology & General VCT PLC (the 'Company') obtained authority to reduce the nominal value of its shares from 50 pence to one penny, cancel and extinguish the deferred share issued on conversion of C Shares to Ordinary shares, and to cancel its capital redemption and share premium reserves, at the General Meeting on 22 June 2012. The purpose of these proposals was to increase the distributable reserves available to the Company for the payment of dividends, the buy-back of shares, and for other corporate purposes.

These proposals received the consent of the Court on 11 July 2012, and the changes have been registered at Companies House. Therefore, with effect from 11 July 2012, the share capital of the Company will have a nominal value of 1 penny per share.

New share certificates will not be issued following these changes and existing certificates will remain valid.

For further information, please contact Isabel Dolan, Albion Ventures LLP 020 7601 1850.

11 July 2012

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Source: Albion Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE

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