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Albion Prime VCT (AAPV)

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Wednesday 29 February, 2012

Albion Prime VCT

Albion Prime VCT PLC : Issue of Equity

Albion Prime VCT PLC : Issue of Equity

29 February 2012

Albion Prime VCT PLC

Issue of Equity and Total Voting Rights

Albion Prime VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme introduced by the Company (details of which were set out in the Circular issued to shareholders on 11 July 2008), On 29 February 2012 the Company allotted 20,034 Ordinary shares of 1p each (the "New Ordinary shares") in the capital of the Company.  The New Ordinary shares were issued at a price of 69.71p, comprising the net asset value at 31 December 2011 less the dividend of 1.50 pence per Ordinary share. 

Accordingly, application has been made to the UK Listing Authority for the admission of the New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on 1 March 2012. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue.

Following the issue of the New Ordinary shares, Albion Prime VCT PLC's capital as at 29 February 2012 consists of 23,512,094 Ordinary shares and 2,341,500 shares in Treasury.

Therefore the total number of voting rights in Albion Prime VCT PLC is 21,170,594, 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, Albion Income & Growth VCT PLC under the FSA's Disclosure and Transparency rules.

For further information, please contact:

Isabel Dolan
Albion Ventures LLP
Tel:      020 7601 1850

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 Prime VCT PLC via Thomson Reuters ONE


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