Albion Venture Capital Trust PLC : Director/PDM...

Albion Venture Capital Trust PLC : Director/PDMR Shareholding

ALBION VENTURE CAPITAL TRUST PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS


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.
 
 
1. Name of the issuer
 
Albion Venture Capital Trust PLC
 
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
 
(ii) DR 3.1.4(R)(1)(c) 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
 
David Gudgin:              (Partner - Albion Ventures LLP)
 
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
 
The individual referred to in 3 above is a member of staff for 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 a direct holding for the individual referred to in 3 above.
 
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
 
New Ordinary shares of 50p each
 
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
 
David Gudgin: - 1,883 Ordinary shares (direct holding)
 
8. State the nature of the transaction
 
Issue of New Ordinary shares under the Second Allotment of the Albion VCTs Linked Top Up Offer 2011/12
 
9. Number of shares, debentures or financial instruments relating to shares acquired
 
David Gudgin:              1,843 Ordinary shares
 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
0.005% (Ordinary shares)
 
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
 
£0.838 per New Ordinary share
 
14. Date and place of transaction
 
20 March 2012
 
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
 
David Gudgin:              3,726 Ordinary shares (0.010%)
 
16. Date issuer informed of transaction
 
20 March 2012
 
Name of contact and telephone number for queries
 
Isabel Dolan - tel: 020 7601 1850
Partner of Albion Ventures LLP as Company Secretary to Albion Venture Capital Trust PLC
 
20 March 2012
 
 


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(i) the releases contained herein are protected by copyright and other applicable laws; and
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information contained therein.

Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE
HUG#1595983

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