Director/PDMR Shareholding

KINGS ARMS YARD 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

Kings Arms Yard 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

R. Field                           (Director)
P. H. Reeve                    (Director and Managing Partner - Albion Ventures
LLP, the Investment Manager)
W. T. Fraser-Allen        (Deputy Managing Partner - Albion Ventures LLP)
H. J. A. Stanford           (Partner - Albion Ventures LLP)
R. Whitby-Smith          (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

R. Field and P. H. Reeve are Directors of Kings Arms Yard VCT PLC, and all
individuals referred to in 3 above apart from R. Field 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

Ordinary shares of 5p each

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

R. Field                           R. Field 10,911 (direct holding), Mrs D Field
38,082 Ordinary shares (direct holding) (total 48,993)
P. H. Reeve                    30,686 Ordinary shares (direct holding)
W. T. Fraser-Allen        nil
H. J. A. Stanford           nil
R. Whitby-Smith          nil

8. State the nature of the transaction

Purchase of Ordinary shares

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

R. Field                           50,000 Ordinary shares
P. H. Reeve                    50,000 Ordinary shares
W. T. Fraser-Allen        22,000 Ordinary shares
H. J. A. Stanford             5,555 Ordinary shares
R. Whitby-Smith          21,893 Ordinary shares

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

0.208%

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

£0.09 per Ordinary share

14. Date and place of transaction

28 June 2011 and 29 June 2011

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

R. Field                           60,911 Ordinary shares (direct holding) and
38,082 Ordinary shares (Mrs D. Field) (direct holding) (in total: 98,993 0.090%)
P H Reeve                      80,686 Ordinary shares (0.073%) (direct holding)
W. T. Fraser-Allen        22,000 Ordinary shares (0.020%) (direct holding)
H. J. A. Stanford            5,555 Ordinary shares (0.005%)
R. Whitby-Smith          21,893 Ordinary shares (0.020%)

16. Date issuer informed of transaction

28 June 2011 and 29 June 2011

Name of contact and telephone number for queries

Isabel Dolan - tel: [phone]
Partner of Albion Ventures LLP as Company Secretary to Kings Arms Yard VCT PLC

29 June 2011






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Source: Kings Arms Yard VCT PLC via Thomson Reuters ONE

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