Issue of Equity

Albion Technology & General VCT PLC

Issue of Equity and Total Voting Rights and Capital

Albion Technology & General VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Circular issued to shareholders on 18 April 2008) the Company allotted 186,693 Ordinary shares of 1 penny each (the "New Ordinary shares") in the capital of the Company on 29 January 2016. The New Ordinary shares were issued at a price of 75.86p per Ordinary share, comprising the net asset value at 30 September 2015 less the dividend of 1.25 pence per Ordinary share paid on 31 October 2015 and the 1.25 pence per Ordinary share dividend to be paid on 29 January 2016.

Of the 186,693 New Ordinary shares allotted on 29 January 2016, an application has been made to the UK Listing Authority for the admission of 125,172 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 or before 1 February 2016. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.

A further application will be made to the UK Listing Authority for the 61,521 remaining shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that dealings will commence on or before 8 February 2016. 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, the capital of the Company as at 29 January 2016 consists of 92,058,697 Ordinary shares of which 8,282,070 shares are held in treasury.

Therefore the total number of voting rights in the Company is 83,776,627 which may be used by shareholders or other persons 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, the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Vikash Hansrani
Albion Ventures LLP

29 January 2016

Tel: [phone]

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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

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