REG-Albion Venture Capital Trust PLC : Director/PDMR Shareholding <Origin Href="QuoteRef">AAVC.L</Origin>

Albion Venture Capital TrustAnnouncement

01/02/2016 17:40

ALBION VENTURE CAPITAL TRUST PLC 
 
 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS 
 
   
 
   
 1. Name of the issuer   Albion Venture Capital Trust 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   
 E. Dinesen:            (Director of Albion Venture Capital Trust
PLC) 
 
 E. Lascelles:          (Partner - Albion Ventures LLP) 
 
 C. Ruedig:             (Partner - Albion Ventures LLP) 
 
 V. Hansrani          (Finance Director of 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   E. Dinesen is a Director of Albion Venture Capital Trust
PLC and the other individuals referred to in 3 above are members and 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 for 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 1 penny
each   7. Name of registered shareholders(s) and, if more than one, the
number of shares held by each of them   E.
Dinesen:                    22,633 Ordinary shares (nominee
holdings) E. Lascelles:                  7,997 Ordinary
shares C. Ruedig:                      22,923 Ordinary
shares V. Hansrani:                  13,908 Ordinary shares
  8. State the nature of the transaction   Issue of New Ordinary shares
under the Albion VCTs Prospectus Top Up Offers 2015/2016   9. Number of
shares, debentures or financial instruments relating to shares acquired   E.
Dinesen:                    2,793 Ordinary shares E.
Lascelles:                  1,862 Ordinary shares C.
Ruedig:                      6,983 Ordinary shares V.
Hansrani:                  2,793 Ordinary shares   10.
Percentage of issued class acquired (treasury shares of that class should not
be taken into account when calculating percentage)   0.020% (Ordinary shares)

 
 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   £0.716 pence per New
Ordinary share   14. Date and place of transaction   29 January 2016 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)   E.
Dinesen:                    2,793 Ordinary shares (direct
holding) and 22,633 Ordinary shares (nominee holdings) (0.033%) E.
Lascelles:                  9,859 Ordinary shares (0.013%) C.
Ruedig:                      29,906 Ordinary shares
(0.039%) V. Hansrani:                  16,701 Ordinary shares
(0.022%)   16. Date issuer informed of transaction   29 January 2016  
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 (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 Venture Capital
Trust PLC   1 February 2016   

 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 Venture Capital Trust PLC via Globenewswire 
 HUG#1982848