Albion Prime VCT Director/PDMR Shareholding
31 August 2012 - 12:06PM
UK Regulatory
TIDMAAPV
ALBION PRIME VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
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 -
see below.
(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.
1. Name of the issuer
Albion Prime VCT 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 (Director and Managing Partner - Albion Ventures LLP, the Investment
Manager)
H. J. A. Stanford (Partner - Albion Ventures LLP)
A. Elder (Partner - Albion Ventures LLP)
C. Ruedig (Investment Manager - 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
P. H. Reeve is a Director of Albion Prime VCT PLC, and all individuals referred
to in 3 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 - 8,877 Ordinary shares (direct holding) and 12,900 Ordinary shares
(nominee holding)
H. J. A. Stanford - 3,755 Ordinary shares
A. Elder - 1,490 Ordinary shares
C. Ruedig - 2,855 Ordinary shares
8. State the nature of the transaction
Issue of Ordinary shares under the dividend reinvestment scheme
9. Number of shares, debentures or financial instruments relating to shares
acquired
P. H. Reeve 198 Ordinary shares
H. J. A. Stanford 53 Ordinary shares
A. Elder 33 Ordinary shares
C. Ruedig 63 Ordinary shares
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
0.002%
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
GBP0.671 per New Ordinary share
14. Date and place of transaction
31 August 2012.
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 - 9,075 Ordinary shares (direct holding) and 12,900 Ordinary shares
(nominee holding) (in total: 0.100%)
H. J. A. Stanford - 3,808 Ordinary shares (0.017%)
A. Elder - 1,523 Ordinary shares (0.007%)
C. Ruedig - 2,918 Ordinary shares (0.013%)
16. Date issuer informed of transaction
31 August 2012
Name of contact and telephone number for queries
Isabel Dolan - tel: 020 7601 1850
Partner of Albion Ventures LLP as Company Secretary to Albion Prime VCT PLC
31 August 2012
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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