Transaction in Own Shares

ALBION DEVELOPMENT VCT PLC

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the "Company") announces that it purchased 200,000 Ordinary shares at 69.69 pence per share on 22 April 2014. The shares purchased represent 0.46% of the total number of voting rights in the Company before the transaction.  These shares will be held in treasury.

The Company also announces that it has cancelled 38,000 Ordinary shares from treasury on 22 April 2014.

Following this transaction, and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The capital of the Company as at 22 April 2014 consisted of 40,473,590 Ordinary shares and 6,381,604 D shares both with a nominal value of 1 penny each. The Company holds 4,047,000 Ordinary shares and 25,625 D shares in treasury.

Therefore, the total number of voting rights in the Company is 36,426,590 in respect of Ordinary shares and 6,355,979 in respect of D shares giving a total voting rights of 42,782,569 which may be used by shareholders 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.

23 April 2014

Company Secretary

Albion Ventures LLP

Tel: [phone]

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Development VCT PLC - Ordinary Shares via Globenewswire

HUG#1779358