ALBION DEVELOPMENT VCT PLC

Share Issue/Capital Change • Jun 29, 2020

National Storage Mechanism | Additional information

ALBION DEVELOPMENT VCT PLC

LEI Code 213800FDDMBD9QLHLB38

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the “Company”) announces that it purchased 80,362 ordinary shares at 71.64 pence per share on 26 June 2020. The shares purchased represent 0.09% of the total number of voting rights in the Company before the transaction.  These shares will be held in treasury.

Following this transaction, and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The capital of the Company as at 26 June 2020 consisted of 103,573,410 ordinary shares with a nominal value of 1 penny each. The Company holds 10,954,270 ordinary shares in treasury.

Therefore, the total number of voting rights in the Company is 92,619,140 which may be used by shareholders or other persons as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

29 June 2020

Albion Capital Group LLP

Company Secretary

Tel: 020 7601 1850