Director/PDMR Shareholding

Director/PDMR Shareholding

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)  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 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
 
Lady Janet Balfour (Director - Albion Enterprise VCT PLC)
P. H. Reeve  (Director and Managing Partner - Albion Ventures LLP, the Investment Manager)
A. Elder        (Partner - Albion Ventures LLP)
D. Gudgin      (Partner - Albion Ventures LLP)
C. Ruedig       (Investment Manager - 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
 
Lady Janet Balfour and P. H. Reeve are Directors of Albion Enterprise VCT PLC. The remaining 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 and nominee 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
 
Lady Janet Balfour - 2,873 Ordinary shares (Direct holding) and 17,266 Ordinary shares (Nominee)
P. H. Reeve -  57,578 Ordinary shares (direct holding)
A. Elder -        12,502 Ordinary shares (direct holding)
D. Gudgin -      19,898 Ordinary shares (direct holding)
C. Ruedig -         9,334 Ordinary shares (direct holding)
 
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
 
Lady Janet Balfour -   57    Ordinary shares
P. H. Reeve            1,155    Ordinary shares
A. Elder -                   251    Ordinary shares
D. Gudgin -                399    Ordinary shares
C. Ruedig -                 187    Ordinary shares
 
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
 
0.006% (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
 
£0.872 per New Ordinary share
 
14. Date and place of transaction
 
28th February 2013, 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)
 
Lady Janet Balfour - 2,930 Ordinary shares (Direct holding) and 17,266 Ordinary shares (Nominee) (combined 0.063%)
P. H. Reeve - 58,733 Ordinary shares (0.183%)
A. Elder -      12,753  Ordinary shares (0.040%)
D. Gudgin -    20,297  Ordinary shares (0.063%)
C. Ruedig -       9,521  Ordinary shares (0.030%)
 
16. Date issuer informed of transaction
 
28 February 2013
 
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
 
28 February 2013


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(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
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