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

P. H. Reeve (Managing Partner - Albion Ventures LLP, the Investment Manager)
H. J. A. Stanford (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
R. M. Aston (Financial Controller - 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 individuals referred to in 3 above are staff 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 of 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

P. H. Reeve - 20,414 Ordinary shares

H. J. A. Stanford - 4,378 Ordinary shares

A. Elder - 1,883 Ordinary shares

R. Aston - 1,883 Ordinary shares

8. State the nature of the transaction

Issue of New Ordinary shares

9. Number of shares, debentures or financial instruments relating to shares
acquired

P. H. Reeve                    654 Ordinary shares
H. J. A. Stanford           140 Ordinary shares
A. Elder                          60 Ordinary shares
R. M. Aston                   30 Ordinary shares

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.002% (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

£0.78 per New Ordinary share

14. Date and place of transaction

29 July 2011

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

P. H. Reeve                    21,068 Ordinary shares (0.050%)
H. J. A. Stanford           4,518 Ordinary shares (0.011%)
A. Elder                          1,943 Ordinary shares (0.005%)
R. M. Aston                   971 Ordinary shares (0.002%)

16. Date issuer informed of transaction

29 July 2011

Name of contact and telephone number for queries

Isabel Dolan - tel: [phone]
Partner of Albion Ventures LLP as Company Secretary to Albion Venture Capital
Trust PLC

29 July 2011









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

[HUG#1534958]