30th April 2012
Albion Technology & General VCT PLC
Issue of Equity and Total Voting Rights
Albion Technology & General VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme introduced by the Company (details of which were set out in the Circular issued to shareholders on 18 April 2008), on 30 April 2012 the Company allotted 119,999 Ordinary shares of 50p each (the "New Ordinary shares") in the capital of the Company. The New Ordinary shares were issued at a price of 82.6p, comprising the net asset value at 31 December 2011 less the dividend of 2.5 pence per Ordinary share.
Accordingly, application has been made to the UK Listing Authority for the admission of the New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on 1 May 2012. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.
Following the issue of the New Ordinary shares, Albion Technology & General VCT PLC's capital as at 30 April 2012 consists of 45,417,290 Ordinary shares and 4,529,000 shares in Treasury.
Therefore the total number of voting rights in Albion Technology & General VCT PLC is 40,888,290 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Albion Enterprise VCT PLC under the FSA's Disclosure and Transparency rules.
For further information, please contact:
Isabel Dolan
Albion Ventures LLP
Tel: 020 7601 1850