TIDMCRWN 
 
 
   Statement regarding the proposed issue of a prospectus for the Albion 
VCTs Top Up Offers 2013/2014 
 
   The Board is pleased to announce that, subject to obtaining the 
requisite regulatory approval, it intends to launch a prospectus offer 
of new ordinary shares for subscription in the 2013/2014 and 2014/2015 
tax years (the "Offer(s)").  The Offer will form part of joint top up 
offers between the six VCTs managed by Albion Ventures LLP seeking to 
raise, in aggregate, up to GBP27m. 
 
   On 6 November 2013 the Board announced a non-prospectus offer, in 
conjunction with the other Albion VCTs, to raise up to GBP15m, in 
aggregate, the maximum permitted without issuing an FCA approved 
prospectus.  Due to strong demand for shares under the non-prospectus 
offers, GBP8.4m has been raised to date, suggesting the non-prospectus 
offers will close early and will not satisfy investor demand for new 
ordinary shares.  The launch of the Offers will increase the amount that 
can be raised by the Albion VCTs under the non-prospectus and prospectus 
offers to GBP27m, in aggregate. 
 
   Full details of the Offer will be contained in a prospectus that is 
expected to be published on or around 17 March 2014 and will be 
available on the Albion Ventures LLP website 
(www.albion-ventures.co.uk). The Offer is expected to close on 30 
September 2014 unless fully subscribed or closed earlier. 
 
   10 March 2014 
 
   Contact: 
 
   Patrick Reeve, Albion Ventures LLP, tel 0207 601 1850 
 
   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: Crown Place VCT PLC via Globenewswire 
 
   HUG#1767508 
 
 
  http://www.closeventures.co.uk
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