REG-Issue of Equity And Total Voting Rights

Albion Technology & General VCTAnnouncement

19/12/2025 11:45

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ALBION TECHNOLOGY & GENERAL VCT PLC

Issue of Equity and Total Voting Rights

LEI Code 213800TKJUY376H3KN16

Albion Technology & General VCT PLC (the “Company”) announces that on 19
December 2025 it allotted 19,195,552 ordinary shares of 1 pence each in
respect of its offer for subscription (“Offer Shares”) in relation to the
2025/26 tax year, pursuant to the joint prospectus (the “Prospectus”)
published by the Company, Albion Enterprise VCT PLC and Albion Crown VCT PLC
(together the “Albion VCTs”) on 23 October 2025 in relation to the Albion
VCTs Prospectus Top Up Offers 2025/2026 (the “Offers”).

Pursuant to the Prospectus, the Company offered an early bird discount of 1%
on issue costs to existing shareholders and 0.5% on issue costs to new
subscribers. These early bird discounts were available to investors who
subscribed for Offer Shares for the first £10m across the three Albion VCTs
participating in the Offers. The cost of these discounts is being borne by the
Manager of the Albion VCTs, Albion Capital Group LLP. The issue pricing of the
Offer Shares has been structured to avoid any capital dilution to existing
shareholders who do not participate in the Offers.

The Company has received valid applications for 3,570,012 Offer Shares which
were allotted at an issue price of 70.41 pence per share from existing
shareholders and for 670,420 Offer Shares which were allotted at an issue
price of 70.77 pence per share for new subscribers, all of which qualified for
the early bird discount. A further 14,955,120 Offer Shares were allotted at an
issue price of 71.14 pence per share (which did not qualify for the early bird
discount). The total net proceeds receivable by the Company for these
allotments is approximately £13.2 million.

Application has been made to the Financial Conduct Authority (the "FCA") for
19,195,552 Offer Shares to be admitted to the Official List and to the London
Stock Exchange for those Offer Shares to be admitted to trading on the London
Stock Exchange's market for listed securities. The Offer Shares rank pari
passu with the existing shares in issue.

It is expected that admission to the Official List will become effective and
that dealings in the Offer Shares will commence on or around 22 December 2025.

As at 19 December 2025, the total amount raised across the Albion VCTs under
the Offers is £44 million. The Offers are expected to close no later than
5.30 p.m. on 2 April 2026 (unless fully subscribed by an earlier date or
previously closed).

Following this allotment and in conformity with the provisions of the FCA’s
Disclosure Guidance and Transparency Rules (the “DTRs”), the Company makes
the following notifications in connection with the issued share capital of the
Company:

The Company's capital as at 19 December 2025 consists of 427,887,766 ordinary
shares of 1 pence each (of which the Company holds 32,370,947 ordinary shares
in treasury).

Therefore, the total number of voting rights in the Company is 395,516,819,
which may be used by shareholders and other persons 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, the Company under the DTRs.

For further information, please contact:

Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Company Secretary 
020 7601 1850
19 December 2025