06/11/2013 16:00:09

Launch of the Albion VCTs Top Up Offers 2013/2014

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Albion Technology & General VCT PLC

Launch of the Albion VCTs Top Up Offers 2013/2014

The Board is pleased to announce the launch today of a top up offer (the 'Offer') for Albion Technology & General VCT PLC (the 'Company') as part of the Albion VCTs Top Up Offers 2013/2014.

As the maximum amount that can be raised under the Offer (over any 12 month period) will not exceed the lower of 10% of issued share capital and 5m Euros, the Company is not required to publish a full prospectus under the Prospectus Rules or the Financial Services and Markets Act 2000.

In total, six of the VCTs managed by Albion Ventures LLP are making top up offers seeking to raise up to £15m in aggregate (the 'Offers').

The proceeds of the Offers will be used to provide useful additional liquidity for the Companies in order to take advantage of appropriate investment opportunities that fall within current VCT legislation, as well as helping fund the Company's annual running costs, market purchases of own shares and the payment of dividends.

The Offers will be split into 3 separate phases. The first phase will close on or before 2pm on 31 January 2014. The second phase will close at 2pm on 5 April 2014 (for the tax year ending 5 April 2014) and the third phase will close at 2pm on 13 June 2014 for the tax year ending 5 April 2015, unless fully subscribed, closed or extended beforehand. Investors who apply before 31 January 2014 will be entitled to an "Early Bird" discount on the issue price.

The Promoter for the Offers is

RAM Capital Partners LLP

10 Furnival Street

London

EC4A 1YH

Tel: 0203 006 7530

Email: taxsolutions@ramcapital.co.uk

The Receiving Agent for the Offers is

Albion Ventures LLP

1 King's Arms Yard

London

EC2R 7AF

Telephone: 0808 178 1680

Email: info@albion-ventures.co.uk

The Investor Guide, Offer Document and Application Procedure and Application Form, which are attached below, can be found on the website www.albion-ventures.co.uk, and will also be filed at the National Storage mechanism.

Copies of the Investor Guide, Offer Document and Application Procedure and Application Form can also be obtained free of charge from:

Albion Ventures LLP

1 King's Arms Yard

London

EC2R 7AF

Telephone: 0808 178 1680

Email: info@albion-ventures.co.uk

6 November 2013

Contact

Patrick Reeve, Albion Ventures LLP 0207 601 1850

Offer Document

Investor Guide


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 Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE

HUG#1741094

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