REG-Director/PDMR Shareholding <Origin Href="QuoteRef">AADV.L</Origin>

Albion Development VCTAnnouncement

31/05/2017 12:15

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Albion Development VCT PLC (the "Company")
Director/PDMR Transaction

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1   Details of the person discharging managerial / persons closely associated                                                                                                        
                                                                                                                                                                                      
 a)  Name                                                                                Benjamin Larkin                                                                              
                                                                                                                                                                                      
 2   Reason for notification                                                                                                                                                          
                                                                                                                                                                                      
 a)  Position/status                                                                     PDMR/Director                                                                                
                                                                                                                                                                                      
 b)  Initial notification/Amendment                                                      Initial notification                                                                         
                                                                                                                                                                                      
 3)  Details of the issuer, emission allowance market participation, auction platform,                                                                                                
     auctioneer or auction monitor                                                                                                                                                    
                                                                                                                                                                                      
 a)  Name                                                                                Albion Development VCT PLC                                                                   
                                                                                                                                                                                      
 b)  LEI                                                                                 213800FDDMBD9QLHLB38                                                                         
 4   Details of the transaction(s): section to be repeated for (i) each type of instrument;                                                                                           
     (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted                                                                           
                                                                                                                                                                                      
 a)  Description of the financial instrument, type of instrument                         Ordinary shares of nominal value 1 penny each                                                
                                                                                                                                                                                      
     Identification code                                                                 GB0004832472                                                                                 
                                                                                                                                                                                      
 b)  Nature of the transaction                                                           Issue of Shares under the Dividend Reinvestment Scheme                                       
                                                                                                                                                                                      
 c)  Price(s) and volume(s)                                                                                  Price                      Volume                         Amount         
                                                                                                             £0.72                                        1964        £1414.08        
 d)  Aggregated information                                                                                                                                                           
                                                                                                                                                                                      
     - Aggregated volume                                                                                                                                  1964        £1414.08        
                                                                                                                                                                                      
 e)  Date of the transaction                                                             31-May-17                                                                                    
                                                                                                                                                                                      
 f)  Place of the transaction                                                            London Stock Exchange                                                                        

Name of authorised official of issuer responsible for making notification:

Albion Ventures LLP - Company Secretary

Date of notification

31 May 2017
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq 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 Development VCT PLC - Ordinary Shares via Globenewswire