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ALBION TECHNOLOGY & GENERAL VCT PLC

Transaction in Own Shares • May 4, 2020

4804_rns_2020-05-04_51b5016d-3777-450c-9373-6fdc9c744daa.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

Albion Technology & General VCT PLC

Increase in Share Buy-Back Limit

LEI code: 213800TKJUY376H3KN16

As stated in the Interim Management Statement for the quarter ended 31 March 2020, the Board of Albion Technology & General VCT PLC limited the level of share buybacks until the announcement of the Company’s interim results, expected during September 2020, to £1,000,000. Due to the strong cash position of the Company, the Board has agreed to increase this limit to £1,250,000 with immediate effect and will continue to review any limit applied in the future.

It is the Board’s intention for such buy-backs to be at around a 5 per cent. discount to net asset value, so far as market conditions and liquidity permit.

4 May 2020

For further information, please contact:

Albion Capital Group LLP – tel: 020 7601 1850