Director/PDMR Shareholding

ALBION VENTURE CAPITAL TRUST PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
  
  
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. Stanford               (Partner - Albion Ventures LLP)
A. Elder                   (Partner - Albion Ventures LLP)
C. Ruedig                 (Partner - Albion Ventures LLP)
E. Lascelles             (Partner - Albion Ventures LLP)
Albion Ventures LLP (The Investment Manager)

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

All the individuals referred to in 3 above are 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 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 1p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

P. H. Reeve                           42,656  Ordinary shares     11,353 Ordinary shares (Reyker Nominees)
H. Stanford                            10,082  Ordinary shares
A. Elder                                 12,898  Ordinary shares
C. Ruedig                               22,134  Ordinary shares
E. Lascelles                             7,722  Ordinary shares                    
Albion Ventures LLP                22,589  Ordinary shares

8. State the nature of the transaction

 Issue of New Ordinary shares under Dividend Reinvestment Scheme

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

P. H. Reeve                           1,520 Ordinary shares
H. Stanford                               359 Ordinary shares
A. Elder                                    460 Ordinary shares        
C. Ruedig                                 789 Ordinary shares
E. Lascelles                              275 Ordinary shares
Albion Ventures LLP                  805 Ordinary shares

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

0.0059% (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

£0.7015 per New Ordinary share

14. Date and place of transaction

31 December 2015  London Stock Exchange

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                      44,176 Ordinary shares (direct) and 11,353 Ordinary shares (Reyker Nominee) (in total 0.078%)
H. Stanford                       10,441 Ordinary shares (0.015%)
A. Elder                            13,358 Ordinary shares (0.019%)
C. Ruedig                          22,923 Ordinary shares (0.032%)
E. Lascelles                        7,997 Ordinary shares (0.011%)
Albion Ventures LLP          23,394   Ordinary shares (0.033%)

16. Date issuer informed of transaction

31 December 2015

Notes

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.

(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.

 

Name of contact and telephone number for queries

Vikash Hansrani - Tel: [phone]
Albion Ventures LLP as Company Secretary to Albion Venture Capital Trust PLC

31 December 2015

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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 Venture Capital Trust PLC via Globenewswire

HUG#1976286