ALBION TECHNOLOGY & GENERAL VCT PLC

Regulatory Filings • Oct 6, 2023

National Storage Mechanism | Additional information

ALBION TECHNOLOGY & GENERAL VCT PLC

LEI Code 213800TKJUY376H3KN16

PORTFOLIO UPDATE

Albion Technology & General VCT PLC (“the Company”) is pleased to announce that it has sold a proportion of its holding in Quantexa Limited at its current holding value, with the aim of managing its concentration risk.

The proceeds for the Company are £3.4m, equating to a 10.3 times return on its weighted average investment cost. This decreases the Company’s holding in Quantexa to 18.4% of the Company's most recently announced NAV.

The value of the Company’s remaining holding in Quantexa, following this transaction, is £24.9m.

The disposal was realised at the Company’s current valuation, which crystalises a portion of the unrealised gain. There is no impact on the Company's NAV resulting from this transaction.

For further information please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Telephone: 020 7601 1850

6 October 2023