ALBION ENTERPRISE VCT 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)Â 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)Â 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)Â 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)Â 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 Enterprise VCT 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 (Director and Managing Partner - Albion Ventures LLP, the Investment
Manager)
A. Elder (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
P. H. Reeve is a Director of Albion Enterprise VCT PLC, and 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 - 50,063 Ordinary shares (direct holding)
A. Elder - 9,982 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                   875 Ordinary shares
A. Elder                        29 Ordinary shares
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
0.003% (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
£0.857 per New Ordinary share
14. Date and place of transaction
Dividend Reinvestment Scheme - allotment date 28 February 2011. Share
certificates sent out to shareholders within 7 days.
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 - 50,938 Ordinary shares (0.165%)
A. Elder - 10,011 Ordinary shares (0.032%)
16. Date issuer informed of transaction
11 March 2011
Name of contact and telephone number for queries
Isabel Dolan - tel: 020 7601 1850
Partner of Albion Ventures LLP as Company Secretary to Albion Enterprise VCT PLC
8 June 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 Enterprise VCT PLC via Thomson Reuters ONE
[HUG#1522263]
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.