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ALBION DEVELOPMENT VCT PLC Capital/Financing Update 2021

Jan 26, 2021

4781_tar_2021-01-26_bee14f90-361f-4617-ad4c-6888c8e2843d.html

Capital/Financing Update

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National Storage Mechanism | Additional information

Offer Update

Albion Development VCT PLC (the "Company")

LEI Code 213800FDDMBD9QLHLB38

Albion VCTs Prospectus Top Up Offers 2020/2021

Following strong demand for the Company’s shares under the Albion VCTs Prospectus Top Up Offers 2020/2021, which opened on 5 January 2021, the Board is pleased to announce that it has elected to exercise its over-allotment facility referred to in the prospectus. Accordingly, the maximum amount that the Company can raise is increased from £7 million to £10 million (before issue costs).

Enquiries:

Will Fraser-Allen

Managing Partner

Albion Capital Group LLP

Tel: 0207 601 1850

26 January 2021