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 DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(c) 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. H. Reeve           (Managing Partner - Albion Ventures LLP, the Investment Manager)
H. Stanford            (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
C. Ruedig              (Partner - Albion Ventures LLP)
E. Lascelles          (Partner - Albion Ventures LLP)
Albion Ventures LLP (The Investment Manager)

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

All the individuals referred to in 3 above are 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 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. H. Reeve                           41,167  Ordinary shares     11,353 Ordinary shares (Reyker Nominees)
H. Stanford                              9,730  Ordinary shares
A. Elder                                 12,448  Ordinary shares
C. Ruedig                               21,361  Ordinary shares
E. Lascelles                             7,453  Ordinary shares                    
Albion Ventures LLP                21,801  Ordinary shares

8. State the nature of the transaction

9. Number of shares, debentures or financial instruments relating to shares acquired

P. H. Reeve                           1,489 Ordinary shares
H. Stanford                               352 Ordinary shares
A. Elder                                    450 Ordinary shares        
C. Ruedig                                  773 Ordinary shares
E. Lascelles                              269 Ordinary shares
Albion Ventures LLP                  788 Ordinary shares

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0058% (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

£0.6912 per New Ordinary share

14. Date and place of transaction

31 July 2015  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. H. Reeve                           42,656 Ordinary shares (direct) and 11,353 Ordinary shares (Reyker Nominee) (in                       total 0.076%)
H. Stanford                             10,082   Ordinary shares (0.014%)
A. Elder                                  12,898   Ordinary shares (0.018%)
C. Ruedig                                22,134   Ordinary shares (0.031%)
E. Lascelles                              7,722   Ordinary shares (0.011%)
Albion Ventures LLP                 22,589   Ordinary shares (0.032%)

16. Date issuer informed of transaction

31 July 2015

Name of contact and telephone number for queries

Vikash Hansrani - Tel: 020 7601 1850
Albion Ventures LLP as Company Secretary to Albion Venture Capital Trust PLC

31 July 2015