Albion Venture Capital Trust PLC : Director/PDM...
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
E. Dinesen (became a director of the Company on 26 September 2012)
P.H. Reeve (Managing Partner - Albion Ventures LLP, the Investment Manager)
H. Stanford (Partner - Albion Ventures LLP)
E. Gigov (Partner - Albion Ventures LLP)
W. Fraser-Allen (Partner - Albion Ventures LLP)
R. Whitby-Smith (Partner - Albion Ventures LLP)
D. Gudgin (Partner - Albion Ventures LLP)
E. Lascelles (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
M. Kaplan (Partner - Albion Ventures LLP)
C. Ruedig (Investment Manager - Albion Ventures LLP)
M. Yu (Investment Manager - Albion Ventures LLP)
W. Jenkins (Compliance Officer - Albion Ventures LLP)
I. Dolan (Operations 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
E. Dinesen became a director of the Company on 26 September 2012. The remaining individuals are staff 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 holdings for 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 50p each.
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
E. Dinesen 1,883 Ordinary shares (direct holding)
P.H. Reeve 24,449 Ordinary shares (direct holding)
H Stanford 4,819 Ordinary shares (direct holding)
E Gigov 3,797 Ordinary shares (direct holding)
W. Fraser-Allen 5,297 Ordinary shares (direct holding)
R. Whitby-Smith 3,797 Ordinary shares (direct holding)
David Gudgin 3,849 Ordinary shares (direct holding)
E. Lascelles 1,883 Ordinary shares (direct holding)
A. Elder 2,072 Ordinary shares (direct holding)
M. Kaplan 1,883 Ordinary shares (direct holding)
C. Ruedig 3,954 Ordinary shares (direct holding)
M. Yu 941 Ordinary shares (direct holding)
W. Jenkins 1,883 Ordinary shares (direct holding)
I. Dolan 4,744 Ordinary shares (direct holding) 9,000 Ordinary shares (Idealing
Nominees Limited)
8. State the nature of the transaction
New Shares created through the merger with Albion Prime VCT PLC.
9. Number of shares, debentures or financial instruments relating to shares acquired
E. Dinesen 9,901 Ordinary shares via Share Nominees Limited
P.H. Reeve 7,986 Ordinary shares (direct holding) 11,353 Ordinary shares ( Reyker
Nominees Limited)
H Stanford 3,351Ordinary shares (direct holding)
E Gigov 2,459 Ordinary shares (direct holding)
W. Fraser-Allen 2,459 Ordinary shares (direct holding) 4,401Ordinary shares (Smith &
Williamson Nominees Limited)
R. Whitby-Smith 2,459 Ordinary shares (direct holding)
David Gudgin 2,512 Ordinary shares (direct holding)
E. Lascelles 1,230 Ordinary shares (direct holding)
A. Elder 1,340 Ordinary shares (direct holding)
M. Kaplan 1,230 Ordinary shares (direct holding)
C. Ruedig 2,568 Ordinary shares (direct holding)
M. Yu 615 Ordinary shares (direct holding)
W. Jenkins 1,230 Ordinary shares (direct holding)
I. Dolan 3,076 Ordinary shares (direct holding)
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.157% (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
£0.742638 per New Ordinary share.
14. Date and place of transaction
London Stock Exchange 25 September 2012.
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
E. Dinesen 1,883 Ordinary shares (direct holding) 9,901 Ordinary shares (Share Nominees
Limited (in total 0.021%)
P.H. Reeve 32,435 Ordinary shares (direct holding) 11,353 Ordinary shares (Reyker
Nominees Limited (in total: 0.078%)
H Stanford 8,170 Ordinary shares (direct holding) (0.015%)
E Gigov 6,256 Ordinary shares (direct holding) (0.011%)
W. Fraser-Allen 7,756 Ordinary shares (direct holding) 4,401Ordinary shares (Smith &
Williamson Nominees Limited) (in total: 0.022%)
R. Whitby-Smith 6,256 Ordinary shares (direct holding) (0.011%)
David Gudgin 6,361Ordinary shares (direct holding) (0.011%)
E. Lascelles 3,113 Ordinary shares (direct holding) (0.006%)
A. Elder 3,412 Ordinary shares (direct holding) (0.006%)
M. Kaplan 3,113 Ordinary shares (direct holding) (0.006%)
C. Ruedig 6,522 Ordinary shares (direct holding) (0.012%)
M. Yu 1,556 Ordinary shares (direct holding) (0.003%)
W. Jenkins 3,113 Ordinary shares (direct holding) (0.006%)
I. Dolan 7,820 Ordinary shares (direct holding) 9,000 Ordinary shares (Idealing
Nominees Limited) (in total: 0.030%)
16. Date issuer informed of transaction
25 September 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
26 September 2012
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE
HUG#1643898
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