Director/PDMR ShareholdingALBION TECHNOLOGY & GENERAL VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Albion Technology & General VCT PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) 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. Reeve (Director of Albion Technology & General VCT PLC and Managing Partner - Albion Ventures LLP, the Investment Manager), A. Elder (Partner - Albion Ventures LLP), D. Gudgin (Partner - Albion Ventures LLP), E. Lascelles (Partner - Albion Ventures LLP) C. Ruedig (Investment Director - Albion Ventures LLP), M. Cordeiro (Director of Albion Technology & General VCT PLC)
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. Reeve is a Director of Albion Technology & General VCT PLC and Managing Partner - Albion Ventures LLP.
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 indirect 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. Reeve 392,885 Shares (direct holding), 151,580 Shares (nominee holding) and 9,730 Shares (family members)
A. Elder 22,155 Shares
D. Gudgin 51,202 Shares
C. Ruedig 20,166 Shares
E. Lascelles 18,406 Shares
M. Cordeiro 3,993 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. Reeve 106 Shares (incl. family members)
A. Elder 337 Shares
D. Gudgin 780 Shares
C. Ruedig 307 Shares
E. Lascelles 151 Shares
M. Cordeiro 61 Shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.002%
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
£0.8213 per New Ordinary share
14. Date and place of transaction
31 January 2014 - 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. Reeve 392,885 Shares (direct holding), 151,580 Shares (nominee holding) and 9,836 Shares (Family members) - (in total: 0.732%)
A. Elder 22,492 Shares (0.030%)
D. Gudgin 51,982 Shares (0.069%)
C. Ruedig 20,473 Shares (0.027%)
E. Lascelles 18,557 Shares (0.024%)
M. Cordeiro 4,054 Shares (0.005%)
16. Date issuer informed of transaction
31 January 2014
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 - 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.
Name of contact and telephone number for queries
Vikash Hansrani - tel: 020 7601 1850
Finance Director of Albion Ventures LLP as Company Secretary to Albion Technology & General VCT PLC
31 January 2014
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 Technology & General VCT PLC - Ordinary Shares via Globenewswire
HUG#1758663